The Civic Federation supports the Forest Preserve District of Cook County’s proposed $190.3 million budget. The proposed plan is reasonable and balanced, does not use fund balance reserves for operations and holds the property tax levy…
Holds Fares Flat, but Could be Complicated by State Budget Impasse In an analysis released today, the Civic Federation announced it supports the Chicago Transit Authority’s (CTA) proposed FY2016 operating budget of $1.47 billion. The…
The Civic Federation supports the Chicago Transit Authority's (CTA) FY2016 operating budget of nearly $1.47 billion. The budget represents a continued effort to actively manage costs and improve service levels. The CTA is continuing to…
In this interview on the City of Chicago’s Proposed FY2016 Budget with Mayor Rahm Emanuel, the Mayor discusses the Civic Federation’s analysis of the…
This segment asks whether Illinois can run out of money while the State’s budget impasse continues. Civic Federation President Laurence Msall explained that the State is still receiving revenue, but that revenue can only be spent if there…
This article discusses the amusement tax changes presented as part of Cook County’s FY2016 Proposed Budget and the lack of support the amusement tax is seeing. It cites the…
This article reviews the Civic Federation’s analysis of Cook County’s FY2016 Proposed Budget. The Federation could not support the budget because the…
One Percentage Point Sales Tax Increase Unreasonable Given Alternatives In a report released today, the Civic Federation announced it could not support Cook County’s proposed FY2016 budget of $4.5 billion because it is based on a one…
The Civic Federation cannot support Cook County’s proposed FY2016 budget of $4.5 billion because it is based on a one percentage point increase in the County’s sales tax…
Two of the three major rating agencies have cut the State of Illinois’ bond ratings due to its ongoing budget crisis and worsening financial condition. These downgrades make Illinois the only state credit currently rated below the ‘A’…
