Government Budgets

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Coverage of the State of Illinois FY2018 Recommended Budget Analysis

The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's analysis of Governor Rauner’s FY2018…

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Civic Federation Cannot Support Governor’s FY2018 Budget

Civic Federation urges governor and legislators to pass comprehensive, balanced budget (CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability announced it cannot support Illinois…

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State of Illinois FY2018 Recommended Operating Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability not able to support…

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Rahm Emanuel postpones briefings on CPS rescue

This article discusses the City of Chicago taking additional time to determine how to prevent the Chicago Public Schools from ending the school year early due to financial issues. Laurence Msall, President of the Civic Federation, notes…

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Rahm likely will have to rescue CPS, no matter how judge rules

This article discusses what options the City of Chicago might have to aid the Chicago Public Schools and prevent the District from ending the school year early due to serious financial issues. Civic Federation President Laurence Msall…

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‘Lifeline’ Plan Would Partially Fund Higher Education, Human Services

As Illinois approaches the end of its second year without a complete budget, lawmakers are debating a new plan to provide partial funding for higher education and human services. This blog post examines the size of the funding gap and how…

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Civic Federation – Federal Reserve Bank of Chicago Conference Explores Chicago's Fiscal Future

The Civic Federation co-hosted a conference with the Federal Reserve Bank of Chicago on April 19, 2017 entitled, “Chicago’s Fiscal Future: Growth or Insolvency?” Experts, practitioners and academics from around the country gathered to…

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Chicago’s Fiscal Future: Growth or Insolvency?

Links to each presentation can be found within the forum's agenda below: --- 7:30 a.m. to 8:00 a.m. — Registration and Continental Breakfast Badge Pickup and Security Inspection in the Lobby 8:00 a.m.…

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Rauner Tax Freeze: Balm or Timebomb for Local Taxpayers?

This article discusses a proposal by Governor Bruce Rauner that would freeze property taxes in Illinois and the financial repercussions it could have on the State’s local governments. Civic Federation President Laurence Msall…

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In Illinois, a Push to Create a Distressed Local Government Authority

This article examines proposed legislation that would create a Local Government Protection Authority in Illinois, a longtime priority of the Civic Federation. In his testimony at an Illinois House committee hearing regarding the bill,…