Other Governments

August 26, 2014

Pension Funding Basics: Unfunded Liabilities as a Percentage of Payroll

The difference between a pension fund’s assets and accrued liabilities is known as the unfunded liability. The unfunded actuarial accrued liability (UAAL)

July 9, 2014

City Colleges of Chicago FY2015 Tentative Budget: Analysis and Recommendations

The Civic Federation supports the City Colleges tentative FY2015 budget totaling $723.5 million for reflecting the District’s continued commitment to sound financial practices and prudent planning. The FY2015 tentative budget holds the…

May 28, 2014

Civic Federation Supports House Bill 1154, as Amended in Senate

On May 28, 2014, The Civic Federation sent this letter to Representitive Elaine Nekritz and the members of the House Personnel and Pensions Committee in advance of a 4 p.m. hearing on…

May 21, 2014

Why Aren’t Pension Benefit Reforms in Chicago and Cook County Decreasing Employer Pension Contributions?

Chicago and Cook County residents who followed the pension debate at the State of Illinois might be surprised by the fact that proposals for pension reform for the…

May 8, 2014

Government Consolidation in Illinois: An Update

The consolidation and dissolution of local units of government has been the subject of much discussion recently in Illinois. The purpose of this blog post is to briefly summarize a recent report released by the Illinois Local Government…

March 26, 2014

Cook County Forest Preserve District’s New Conservation Plan Faces Challenges

In 2013 President Preckwinkle formed a blue-ribbon commission of local leaders to develop the Next Century Conservation Plan…

January 15, 2014

How Well Do Chicago Area Local Government Capital Improvement Plans Follow Best Practices?

As a follow-up to the Capital Planning Overview, this blog post summarizes information contained in the Civic Federation’s FY2014…

December 30, 2013

2013 Year in Review on Civic Federation Blog

The following posts were among the most highly read on the Civic Federation blog in 2013 and represent some of the most closely followed local government issues this year:…

December 24, 2013

Civic Federation Budget Recommendations for Chicago-Area Local Governments

Last week the Civic Federation marked the end of the FY2014 budget season with a blog that summarized the proposed budgets for the eight local governments the Federation…

December 19, 2013

FY2014 Budget Season Summary

Last week marked the end of the FY2014 budget season for the eight local governments monitored…