This article covered Chicago Mayor Lori Lightfoot's budget address, in which she presented her recommendation for the City's FY2020 budget. Civic Federation President Laurence Msall said that the proposal was a "strong effort" to close a…
The City of Chicago recently released its Budget Forecast for FY2020, which provides financial estimates for the City’s fiscal…
The Chicago Public Schools FY2020 Budget is an example of fund-based budgeting. Collected revenues are assigned to different funds intended to support various governmental functions. The interactive chart below is a…
This article covered the City of Chicago's significant financial challenges ahead of Mayor Lori Lightfoot's State of the City address. Civic Federation President Laurence Msall said that the Mayor does not have any easy solutions left to…
This article covered the passage of the Chicago Public Schools FY2020 budget. The Civic Federation supported the budget because it demonstrated continued financial…
Concerns persist on enrollment declines, teachers’ pension fund and other pressures (CHICAGO) — In a report released today, the Civic Federation announced its support for Chicago Public Schools’ proposed $7.7 billion FY2020 budget, but…
Click here to read the full report.Click here to read the press…
This year is the third year that Chicago Public Schools (CPS) will receive funding from the State of Illinois through the statewide Evidence-Based Funding formula that was signed into State law in August 2017. The CPS 2020 fiscal year runs…
This article covered the Civic Federation’s analysis of the City Colleges of Chicago FY2020 Tentative Budget. The Federation supported the $447.5 million proposal, but had severe…
