Government Budgets

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City of Chicago FY2018 Proposed Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation supports the proposed FY2018 City of Chicago budget of $8.6 billion…

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Civic Federation Supports Proposed FY2018 Chicago Budget

(CHICAGO) – In a report released today, the Civic Federation announced its support for the City of Chicago’s proposed FY2018 budget of approximately $8.6 billion. The FY2018 budget proposal continues to work toward stabilizing the City’s…

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Civic Federation Supports Forest Preserve District of Cook County's FY2018 Budget

(CHICAGO) In an analysis released today, the Civic Federation announced its support for the Forest Preserve District of Cook County’s proposed FY2018 Executive Budget Recommendation budget of $198.2 million. The Executive Budget…

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Forest Preserve District of Cook County FY2018 Executive Budget Recommendation: Analysis and Recommendations

Click here to read the full report. The Civic Federation supports the Forest Preserve District of Cook County’s proposed FY2018 budget…

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Cook County's FY2018 Revenue Crisis: Opportunities for Savings

Click here to read this issue brief. With a projected $200 million loss in revenue for fiscal year 2018 due to the recent repeal of…

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Coverage on the City of Chicago FY2018 Budget Release

Following Mayor Rahm Emanuel’s FY2018 budget address, Civic Federation President Laurence Msall spoke with a pool of reporters on the City of Chicago’s finances. He said the Mayor’s budget is a reasonable plan that can move the City…

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Governor’s Report Shows $1.5 Billion Budget Deficit in FY2018

When the Illinois General Assembly overrode Governor Rauner’s veto of the FY2018 budget package in July, it estimated that the enacted budget would have an operating surplus of about…

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Is the State of Illinois’ FY2018 Budget Balanced?

For nearly two months, the fate of Illinois’ budget for the current fiscal year was in doubt because of Governor Bruce Rauner’s veto of a…

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What the New Illinois School Funding Formula Means for Chicago Public Schools

After several iterations and much disagreement, the State of Illinois now has a new statewide school funding formula. The Illinois General Assembly approved the new formula as Senate Bill 1947, House Floor Amendment 5 on August 29, with…

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Will Illinois borrow to pay off the backlog?

Seven weeks after the General Assembly enacted Illinois’ first budget in three years by overriding the Governor’s veto, the backlog of bills owed by the State still stood at…