Government Budgets

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Press Release: Civic Federation Supports Chicago Public Schools Proposed FY2022 Budget

Spending plan bolstered by significant short-term federal support; Federation reiterates call for longer-term plans Click here to visit the report landing page. CHICAGO – In…

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Cook County Forecasts Small Deficit Heading into FY2022 and No Budget Deficit for Year-End FY2021

On June 24, 2021, Cook County Board President Toni Preckwinkle issued a preliminary budget forecast for fiscal year 2022. The…

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City of Chicago Introduces Monthly Revenue Reporting

On April 21, 2021, the City of Chicago adopted Substitute Ordinance 2020-5902,…

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State of Illinois FY2022 Recommended Operating and Capital Budgets: Analysis and Recommendations

Click here to read the full report.Click here to…

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Final Cook County Coronavirus Relief Fund Allocations

Cook County has accounted for all $429 million in Coronavirus Relief Fund (CRF) funding the County received through the federal CARES Act in 2020,…

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Cook County Issues $500 Million In Bonds In January 2021

In January 2021, Cook County issued $499.8 million in general obligation and revenue bonds. A total of $330.5 million was issued by the County in Series 2021A general obligation refunding bonds. These bonds will be used to refund the…

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Cook County Preliminary Year-End Budget Results for FY2020

Despite large revenue losses associated with the economic downturn caused by COVID-19, Cook County’s preliminary 2020 budget results for the fiscal year that ended on November 30, 2020 show a positive year-end balance. Based on the…

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Civic Federation Calls on Governor Pritzker to Veto House Bill 2451

On January 21, 2021, the Civic Federation sent the following letter to Illinois Governor JB Pritzker, urging him to veto…

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Chicago Transit Authority 5-Year Capital Plan Totals $3.4 Billion

The Chicago Transit Authority (CTA) released a $3.4 billion, five year FY2021-FY2025 capital plan in October 2020. The CTA prepares a…

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Illinois Expects to Spend Its Entire Coronavirus Relief Allocation

UPDATE: The $900 billion relief bill passed by Congress on December 21 did not provide more financial assistance for state and…