All governments - whether states, cities or school districts - should place a portion of their general operating revenues in a general fund reserve or “rainy day” fund. These rainy day funds are savings accounts that governments can use to…
The Civic Federation's legislative priorities for 2010 include public pension reform, requiring state government to develop and implement performance measurement and a capital improvement plan, the dissolving of the Illinois International…
Governor Pat Quinn’s administration plans to begin enrolling elderly and disabled Medicaid recipients in Northeastern Illinois—excluding the City of Chicago—in health maintenance organizations (HMOs) in July of 2010. The pilot program,…
This article explores inefficiencies in the Cook County Health and Hospitals System and the effect that the partial rollback of the sales tax in Cook County may have on the System. The Civic Federation is quoted saying that the tax…
This article about the Chicago City Council’s approval of the FY2010 City of Chicago proposed budget quotes the Civic Federation. The Federation says that the budget as enacted does not fix fundamental imbalances and avoids making…
This article about the Chicago City Council’s 38-12 vote to approve a FY2010 City of Chicago budget that uses $370 million in asset lease proceeds from the parking meters to fill budget gaps mentions the Civic Federation’s warning that…
As noted on page 9 of its FY2010 Tentative Budget, the Metropolitan Water Reclamation District of Greater Chicago will begin to…
The Civic Federation supports the Metropolitan Water Reclamation District’s FY2010 Tentative Budget of nearly $1.7 billion as a prudent response to revenue shortfalls. The MWRD plans to prioritize spending, control personnel costs, and…
CHICAGO – The Civic Federation supports the $1.7 billion FY2010 Metropolitan Water Reclamation District of Greater Chicago (MWRD) tentative budget as a prudent response to revenue shortfalls. The MWRD plans to prioritize spending, control…
Facing a multi-billion dollar mountain of unpaid bills and declining revenues, Governor Pat Quinn has proposed a new short-term borrowing plan for the State of Illinois that has encountered opposition from the Comptroller’s Office. As…
