Tip of the Iceberg
Today the Civic Federation released its analysis of Chicago Public Schools’ proposed FY2010 budget. On page 61 of the…
Today the Civic Federation released its analysis of Chicago Public Schools’ proposed FY2010 budget. On page 61 of the…
Since 2004, the City of Chicago has transacted three major long term asset leases worth over $3.5 billion. The Chicago Skyway (2004) – A 99-year lease with Cintra-Macquarie with a transaction value of $1.83 billion. Downtown…
In this segment of the Chicago Tonight news program, Civic Federation President Laurence Msall and three Chicago aldermen discuss the City of Chicago’s decision to implement non-essential public employee furlough days in order to close the…
Earlier this spring the Civic Federation opposed the $26 billion capital plan proposed by Governor Quinn because it was…
This nightly news segment about Chicago Public Schools’ proposal to raise property taxes in order to close a $500 million budget gap features Civic Federation Senior Research Associate Genevieve Nolan, who says that the proposed increase…
With the Chicago Public School system facing massive teacher pension liabilities in the next several years, the Civic Federation notes that fixing the pension tsunami will require drastic steps that might include reopening teacher…
In this article about the Chicago Public Schools’ proposed FY2010 budget, the Civic Federation points out that the District will not be raising its property tax levy to the maximum amount allowed by law, but notes that CPS faces enormous…
Police, parks, streets, schools, community colleges, public hospitals, elections, courts, jails, mosquito abatement, sewage treatment…these are just a few of the services that, in Illinois, are provided by many different local governments…
More details are finally available on the FY2010 operating budget, and it would be difficult to describe it as balanced—even on paper. Depending on how you look at it, there is technically either a $157 million deficit or an $872 million…
Hoping that Illinois lawmakers will agree to an income tax increase later this year, Governor Pat Quinn chose not to make the necessary cuts to work within the budget approved on July 15, 2009 by the General Assembly. At a press conference…