This blog post presents an overview of the Chicago Transit Authority’s FY2022 operating budget, including a summary of how federal stimulus funds were used to balance the budget, and an update on its recent $350 million debt issuance.The…
The $1.9 trillion American Rescue Plan Act (ARPA) was signed into law on March 11, 2021 and provides for $350 billion in funding for eligible state, local,…
Over the summer, Illinois Governor JB Pritzker signed into law Public Act 102-0263, which makes changes to the funding schedule for the Chicago Park District’s…
The Civic Federation hosted a series of criminal justice reform panel discussions as part of the annual conference of the Governmental Research Association in July. Here we highlight the key…
Recently, Cook County, the State of Illinois and other jurisdictions across the U.S. have begun to implement policy changes to reduce reliance on monetary bail and release more individuals while awaiting trial. These changes come amid a…
On August 12, 2020 the Chicago Transit Authority (CTA) approved Ordinance 020-070 amending its FY2020 budget to incorporate $690.1 million of the CARES…
The COVID-19 pandemic has had a devastating impact on state budgets, with tax revenue shortfalls estimated to total about $200 billion for fiscal years 2020 and 2021 compared with initial projections.…
