Government Budgets

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CPS’ Cash Crunch

By Daniel VeseckyThe Chicago Public Schools (CPS, or the ‘District’) is lacking the cash that it needs to meet operating costs. The crunch has become so bad that CPS’ finance team has voiced concerns about an inability to make payroll in…

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Understanding the CPS FY2027 Budget: Priorities, Tradeoffs, and What Comes Next

RESERVE YOUR SPOTCo-Hosted by Civic Federation and Kids First ChicagoAs Chicago Public Schools works to finalize its FY2027 budget, difficult…

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What Chicago Can Learn from New York City's Budget Requirements

by Roland CaliaClick here to download the Report OverviewChicago's budget debate has increasingly…

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Understanding Municipal Debt: A Case Study of the Chicago Public Schools

by Daniel Vesecky Click here to read the Full Report

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Statement Following End of Illinois General Assembly Session

CIVIC FEDERATION CONTACT: [email protected]CHICAGO — Today, the Civic Federation released the following statement regarding the FY27 State Budget and end of the  Illinois…

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Spring Speaker Series: Chicago's Fiscal Reality — What Come's Next?

A City at a Crossroads The Civic Federation's Spring Speaker Series brought together Justin Marlowe, Research Professor at the University of Chicago Harris School of Public Policy; former 46th Ward Alderman James Cappleman; and 9th…

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How Illinois' FY2027 Proposed Budget Addresses Long-term Fiscal Sustainability

by Paula Worthington Click here to read the full report 

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How Illinois’ Proposed FY2027 Budget Manages Federal Funding Risks

By Lily Padula Click here to download the Report Overview

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How Illinois’ FY2027 Proposed Budget Balances the Books

By Lily Padula Click here to download the Report Overview

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Cook County Health: FY2026 Budget and Long-Term Risks

by Paula WorthingtonClick here to read the full report