CIVIC FEDERATION COMMENDS CITY COLLEGES LEADERSHIP FOR FISCAL RESTRAINT District to Reduce Overall Property Tax Burden 7.8% in FY2008 The Civic Federation will announce its support of the $473.6 million FY2008 City Colleges of Chicago…
The Civic Federation opposes the massive expansion of health care and long-term borrowing proposed in the FY2008 State budget recommendation, but offers qualified support for sale/lease of the State lottery and for reasonable revenue…
This report reviews the features and costs of the current State of Illinois employee group health insurance program, examines the fiscal impact of the program on the State operating budget, and makes policy recommendations for containing…
This report compares Illinois school districts' financial management and accountability standards with nationwide best practices, and makes policy recommendations regarding steps Illinois should take to ensure greater financial…
This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1997 to 2005. It finds a combined 16.5 billion dollars in unfunded liabilities for the…
This issue brief describes dedicated revenue sources for state pension funds and recent proposals for dedicated revenue sources in Illinois. It then discusses important features of an effective dedicated pension revenue source.
The Civic Federation's legislative priorities for 2007 include public pension reform, property tax exemptions and assessment reform, revision of the Regional Transportation Authority Act, tax increment financing disclosure, timely county…
The Civic Federation offers qualified support for Cook County’s FY2007 Budget based on the County’s plan to meet its 502 million dollar budget deficit with substantial spending cuts rather than tax increases. The Civic Federation opposes,…
CHICAGO – Citing a looming financial disaster, the Civic Federation announced today its qualified support for President Todd Stroger’s $3.0 billion spending plan because it faces up to the catastrophic state of the County’s finances by…
The Civic Federation supported the MWRD's FY2007 Budget because it minimizes the burden on taxpayers and implements sound financial planning techniques. Notably, the MWRD has adopted a policy establishing an irrevocable trust for funding…
