Capital

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Niles to Weigh Ban on Video Gaming Machines

This article follows a debate in the suburban community of Niles over whether to allow video gaming within city limits. The Civic Federation says that it opposes video gaming because it is an unreliable source of revenue for governments.

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State of Illinois Enacted Budget FY2011: A Review of the Operating Budget Enacted for the Current Fiscal Year

This report examines the State of Illinois’ $53.5 billion operating budget for Fiscal Year 2011, which began on July 1, 2010 and ends on June 30, 2011. The report focuses on the $25.8 billion General Funds budget, the largest component of…

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Civic Federation 2011 Legislative Priorities

The Civic Federation's legislative priorities for 2011 include public pension reform, requiring state government to develop and implement a capital improvement plan, the dissolving of the Illinois International Port District, creating a…

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Chicago Transit Authority FY2011 Budget: Analysis and Recommendations

  The Civic Federation supports the Chicago Transit Authority’s (CTA) proposed FY2011 budget of $1.3 billion but has significant concerns for the agency in the longer term. The budget is a 5.2% or $66.7 million increase from the…

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CTA Budget Maintains Service Levels, Earns Civic Federation Support

Group Retains Concerns about Use of Capital Funds to Balance Budget The Civic Federation announced today that it supports the FY2011 Chicago Transit Authority proposed budget of $1.3 billion because it implements efficiencies and cost-…

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State Budget Gaps: Debt Holes Deepen

This news segment is about how some states are coping with severe budgetary troubles in the current recessed economy. In a discussion of the State of Illinois, Civic Federation President Laurence Msall says Illinois’ fiscal troubles are…

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Failed leadership sticks the public with a huge bill

This editorial discusses the $551.3 million in additional borrowing charges that will be paid by State of Illinois taxpayers due to the State’s declining credit ratings.

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$551 million. Poof!

This editorial puts into perspective the $551.3 million in extra debt service costs that Illinois taxpayers will pay due to recent downgrades to the State of Illinois’ credit ratings.

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Watchdog: Big Bill in Illinois’ Cards

This article explores the effect that recent downgrades to the State of Illinois’ bond ratings will have on the State’s future debt service costs, as detailed in the Civic Federation’s “…

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Poor bond rating painful for Ill. Pocketbooks

This news article discusses the Civic Federation’s “Cost of the Crisis” report and the long-…