Government Budgets

.

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…

.

Civic Federation Opposes Shortsighted CPS Budget

Analysis details concerns, recommendations and alternative paths forward    (CHICAGO) In a report released today, the Civic Federation announced it opposes the Chicago Public Schools proposed FY2018 operating budget of $5.7…

.

Chicago Public Schools FY2018 Proposed Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation opposes the Chicago Public Schools’ proposed $5.7 billion operating…

.

Amid warning signs, City Colleges freezes tuition and property taxes

This article discusses recommendations from the Civic Federation’s analysis of City Colleges of Chicago’s FY2018 budget proposal. As mentioned in the analysis, the…

.

Veto of SB1 Leaves School Funding In Doubt

After two years with no complete budget except for public school funding, Illinois now faces the prospect of beginning the 2017-18 school year with a budget for everything except schools. On August 1 Governor Rauner issued an…

.

Civic Federation Supports City Colleges’ FY2018 Budget

Proposal aims to reverse damage done by two-year state budget impasse (CHICAGO) In an analysis released today, the Civic Federation announced its support of the City Colleges of Chicago’s proposed FY2018 operating budget. The $442.6-…

.

City Colleges of Chicago FY2018 Tentative Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation supports the City Colleges of Chicago’s proposed FY2018 operating budget…

.

CPS buys short-term relief with bonds that will carry costs for decades

This article examines the $850 million in interest costs that the Chicago Public Schools will have to pay on a recent $500 million loan. Civic Federation President Laurence Msall explains that the plan is an expensive way of operating…

.

Illinois Issues: The Experts' Take On The Budget

In this segment, Civic Federation President Laurence Msall discusses key aspects of the State of Illinois’ FY2018 budget and the challenges the State still faces. He says the most important aspect of Illinois having a budget is that it…

.

Higher Education Funding Shortfall Persists Despite New Budget

Higher education was one of the areas hit hardest by the State of Illinois’ two-year budget impasse. This blog post examines how higher education fares under the…