Government Budgets

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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…

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Metropolitan Water Reclamation District FY2013 Tentative Budget: Analysis and Recommendations

The Civic Federation supports the Metropolitan Water Reclamation District’s proposed budget of $1.1 billion which continues a comprehensive effort to control rising personnel costs. The budget holds the tax-capped portion of the District’s…

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MWRD FY2013 Budget Continues Comprehensive Effort to Control Personnel Costs

District’s initiative in developing and promoting a framework for pension reform is a model for local governments In an analysis released today, the Civic Federation supports the Metropolitan Water Reclamation District’s (MWRD) FY2013…

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Chicago Transit Authority President's Proposed FY2013 Operating Budget: Analysis and Recommendations

The Civic Federation strongly supports the Chicago Transit Authority’s proposed FY2013 budget of $1.4 billion as a structurally balanced plan based on shared sacrifice by union members, riders and CTA management. The budget implements…

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CTA Moves to Secure Financial Future with FY2013 Budget

Structurally balanced plan based on shared sacrifice by union members, riders and CTA management In an analysis released today, the Civic Federation strongly supports the Chicago Transit Authority’s (CTA) proposed FY2013 operating budget…

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Park District FY2013 Budget Continues Initiative to Eliminate Structural Deficit

Civic Federation cautions use of one-time revenues could undermine deficit reduction efforts In a report released today, the Civic Federation announced its support for the Chicago Park District’s proposed FY2013 budget of $410.9 million…

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Chicago Park District FY2013 Budget: Analysis and Recommendations

The Civic Federation supports the $410.9 million FY2013 Chicago Park District budget for limiting spending increases and continuing the District’s effort to eliminate its structural deficit by FY2015. By utilizing prudent alternatives to…

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New Report Reviews State of Illinois Infrastructure

The Institute for Illinois’ Fiscal Sustainability released a new report today that provides an overview of the condition and funding of Illinois infrastructure. As discussed in…

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The State of Illinois Infrastructure

This report provides an overview of the condition and funding of Illinois infrastructure based on a compilation of various needs assessments from public agencies that manage infrastructure in the State including the Illinois State Toll…

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GASB 54 Reporting Changes for Fund Balance Evident with Chicago Park District

The Chicago Park District recently released its $410.9 million spending plan for FY2013. The District had identified a $16.0 million budget gap,…