Employee and Retiree Health Care (OPEB)

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Chicago Transit Authority FY2007 Proposed Budget: Analysis and Recommendations

The Civic Federation opposes the CTA's FY2007 budget because it relies on 110 million dollars in additional state support which has not been guaranteed, and provides no detailed contingency plan. The Federation recommends that the CTA…

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Forest Preserve District of Cook County FY2007 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the Forest Preserve District's proposed 164.5 million budget because the District has made important steps toward professionalization of its operations, including the issuance of a Capital Improvement Plan.…

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City of Chicago FY2007 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the City of Chicago's proposed $5.7 billion budget but has serious concerns about the poor health of the City's pension funds and the low level of reserve funds for contingencies.

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Chicago Public Schools FY2007 Recommended Budget: Analysis and Recommendations

The Civic Federation opposes the Chicago Public Schools Recommended $5.3 billion FY2007 operating budget because it lacks long-term planning and transparency.

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City Colleges of Chicago FY2007 Tentative Budget: Analysis and Recommendations

The Civic Federation supports the $476.1 million City Colleges of Chicago FY2007 tentative budget because it makes impressive strides in implementing business process reforms that will enable the District to better manage its resources and…

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State of Illinois Pension Systems: Analysis and Recommendations (Excerpted from The Civic Federation's State of Illinois FY2007 Recommended Operating Budget: Analysis and Recommendations)

The Civic Federation opposes the State of Illinois Recommended FY2007 operating budget because it takes a partial pension holiday of $1.1 billion at the same time as it increases spending for recurring programs by $1 billion.

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State of Illinois FY2007 Recommended Operating Budget: Analysis and Recommendations

The Civic Federation opposes the State of Illinois Recommended FY2007 operating budget because it takes a partial pension holiday of $1.1 billion at the same time as it increases spending for recurring programs by $1 billion.

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GASB 43 and 45 Reporting Guidelines For Other Post Employment Benefits: A Civic Federation Issue Brief

This issue brief provides a "plain English" description of how GASB 43 and 45 will require government financial reporting on non-pension post-employment benefits (OPEB). It is illustrated with preliminary estimates of unfunded OPEB…

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Cook County FY2006 Proposed Budget: Analysis and Recommendations

The Civic Federation opposed Cook County's $3.076 billion budget because it failed to include long term management efficiencies and cost reduction measures.

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Metropolitan Water Reclamation District FY2006 Tentative Budget: Analysis and Recommendations

The Civic Federation supported the MWRD's FY2006 Budget because it reduced its property tax levy by $4.4 million and continues to reduce personnel. The Federation recommended that the District pursue joint purchasing of prescription drugs…