Government Budgets

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Unfinished Business Looms at the Close of the 97th General Assembly

The 97th Illinois General Assembly’s closing session ended on January 9, 2013, leaving many questions unresolved about the State’s current budget year and fiscal sustainability in the face of its…

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MWRD Increases Appropriations in Final Approved Budget

The Metropolitan Water Reclamation District (MWRD) is a special-purpose government providing wastewater treatment for residents and industrial businesses primarily in Cook County. The budget process for the MWRD differs from the budget…

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RTA Budget Stalls Over CTA Bonding

(The full content of this article is only available to the publication’s subscribers.) This article discusses the Regional Transportation Authority’s delay in voting on the Chicago Transit Authority’s proposed 2013 budget and request for…

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IIFS Blog Continues to be at Forefront of Illinois Fiscal Developments

Throughout this year’s Illinois budget negotiations, the IIFS blog was a valuable source of information and focus in the State’s murky and complex budget process. This year’s negotiations included a groundbreaking effort to address the…

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What’s Next for Local Governments in 2013?

A look back at the Civic Federation’s blog this year provides a preview of upcoming fiscal challenges for local governments in 2013. Pension Funding The most urgent fiscal challenge for Illinois governments continues to be the pension…

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Civic Federation applauds MWRD’s 2013 budget

This article covers the release of the Civic Federation’s Metropolitan Water Reclamation District FY2013 Tentative Budget: Analysis and Recommendations. The Federation supports the budget for continuing a…

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Civic Federation Recommendations for the Chicago-area Local Governments

Last week the Civic Federation marked the end of the FY2013 budget season with a blog that summarized the proposed budgets for the nine local governments the Federation…

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Illinois really big fiscal crisis: infrastructure expenses

This article discusses the Civic Federation’s State of Illinois Infrastructure report, which found that State and local governments could need to invest more than $300 billion…

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Federal Fiscal Cliff Could Have a Major Impact on State Revenues

If the U.S. Congress is unable to agree to an alternative to the automatic $491 billion in combined tax increases and spending cuts set to take place in January 2013,…

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FY2013 Budget Season Summary

Last week marked the end of the budget season for the nine local governments monitored by the Civic Federation. These governments include: the City Colleges of Chicago, Chicago Public Schools (CPS), DuPage County, City of Chicago, Cook…