Government Budgets

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Forest Preserve District of Cook County FY2010 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the FY2010 Forest Preserve District of Cook County budget of $198.2 million because the District will reduce its property tax levy by $1.1 million and use a portion of its budget reserve funds, rather than…

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Civic Federation Commends Forest Preserve District for Reducing Property Tax Levy

(CHICAGO) The Federation supports the Forest Preserve District of Cook County proposed FY2010 budget of $198.2 million. The District plans to reduce its property tax levy and the burden it imposes on property taxpayers by $1.1 million. The…

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Report Suggests More State Revenue Declines

Tax revenues that states depend on to fund operations continue to decrease, dropping at least $119.7 billion nationwide in the most recent fiscal quarter. A study released by the…

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Why Intergenerational Equity Matters to Taxpayers

Taxpayers should get what they pay for, and pay for what they get—that is the core notion behind intergenerational equity in government. When governments live within their means, balancing revenues and expenditures without hoarding excess…

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Study: Ill. In fiscal mire

This article about a report on the States in the worst fiscal condition by the Pew Center on the States quotes the Civic Federation in its profile of Illinois’…

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CTA Has Dodged Another Fare Hike

This news segment examines Governor Quinn’s deal with the Chicago Transit Authority that will avert a fare increase through increased borrowing. Civic Federation President Laurence Msall says the deal may be a bad one in the long run,…

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Cook County commissioners vote to cut in half Stroger sales tax increase

This article describes the politics surrounding a vote by the Cook County Board of Commissioners to reduce the county sales tax by a half-cent. It cites the Civic Federation’s analysis of the County’s proposed FY2009 budget.

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Watchdog group pans Daley budget

This article discusses the Civic Federation’s analysis of the City of Chicago’s FY2010 proposed budget. The Federation opposed the budget because off its reliance on reserve funds to make up a fiscal shortfall.

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City OKS $16M settlement to Bensenville to move forward with O’Hare expansion

This article mentions a recent City budget hearing at which the Civic Federation presented its analysis of the City of Chicago FY2010 proposed budget.

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Protecting Proceeds From Long-Term Asset Leases

In two previous blog posts [here and…