Government Budgets

.

Mayoral candidates’ fiscal plans don’t cope with big deficit

This article compares City of Chicago mayoral candidates’ budgetary plans for the City with the Civic Federation’s “Financial Challenges for the New Mayor of Chicago” report.

.

Stop. Your. Borrowing.

This editorial discusses Governor Pat Quinn’s proposal to borrow funds to pay overdue bills and its effect on the State of Illinois fiscal outlook, citing Civic Federation research from this blog post.

.

City on a Precipice

In this news segment, Civic Federation President Laurence Msall discusses the City of Chicago’s precarious financial condition and the Federation’s report on the financial challenges for the next mayor of Chicago.

.

Report details money woes facing next mayor

In this blog post, Greg Hinz discusses the Civic Federation’s “Financial Challenges for the New Mayor of Chicago” report, which found that the City of Chicago between FY2007 and FY2011 increased appropriations by 8.6 percent, despite sharp declines in revenues.

.

Report: City Of Chicago In Serious Budget Mess

Civic Federation President Laurence Msall discusses the Federation’s “Financial Challenges for the New Mayor of Chicago” report in this interview. Mr. Msall says that there is no easy solution to fix the City’s budget shortfall.

.

Group pushes privatization

This article discusses the Civic Federation’s “Financial Challenges for the New Mayor of Chicago” report and details the Federation’s recommendations.

.

Democrats, Republicans at odds over state’s 2% spending limit

In this article about spending limits imposed by the State of Illinois for the next three fiscal years, the Civic Federation says that it is unsure that the requirement will actually limit spending.

.

Watchdog: Next mayor should freeze hiring, spending on Day One

This news segment discusses recommendations in the Civic Federation’s “Financial Challenges for the New Mayor of Chicago” report.

.

Wrong-Way Quinn

This editorial about Governor Pat Quinn’s State of Illinois FY2012 proposed budget address says the Governor should consider budget-cutting recommendations made by the Civic Federation.

.

Governor Proposes FY2012 Budget with More Borrowing and Spending

Governor Pat Quinn’s proposed FY2012 budget for the State of Illinois features additional borrowing and an overall increase in spending, despite steep spending reductions in the area of human services. The Governor’s FY2012 budget, issued on February 16, 2011, includes total operating resources of $33.9 million and total expenditures of $35.4 billion. In order to close the operating shortfall,…