Government Budgets

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Charter school finances under scrutiny

This article discusses the Civic Federation’s analysis of Chicago charter schools. The study found that…

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Urgent work for the veto session

This editorial about the recent increase in the State of Illinois income tax discusses findings in IIFS’…

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Public Hearings Begin on Governor’s Planned Closures of Seven State Facilities

The Illinois General Assembly’s Commission on Government Forecasting and Accountability (COGFA) began holding public hearings on October 5, 2011 on Governor Quinn’s…

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Civic Federation Publishes Report on Chicago Charter School Finances

On October 4, 2011 the Civic Federation released an independent analysis of Chicago charter school finances…

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Chicago Charter Schools Together Show Good Fiscal Health

(CHICAGO) A first-ever independent analysis of Chicago charter school finances by the Civic Federation has found that most of the schools were in good financial health during the 2007 and 2008 fiscal years. As a group Chicago charters also…

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A Financial Analysis of the Chicago Charter Schools: A Financial Indicator Analysis and Primer

This 170-page report is a comprehensive examination of Chicago charter school finances and financial performance in fiscal years 2007 and 2008. The primary purpose is to provide a first-ever financial analysis of Chicago’s charter schools…

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Report: State deficit to hit $8 billion

This article about IIFS' analysis of the State of Illinois FY2012 enacted budget focuses on the dismal fiscal outlook for…

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Watchdog: State deficit to grow to $5 billion

This article discusses IIFS' analysis of the State of Illinois FY2012 enacted budget and explains the effect the State's…

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Illinois going deeper into debt despite tax hike, Civic Federation says: Greg Hinz

In this article, Crain's columnist Greg Hinz discusses findings in IIFS' analysis of the State of Illinois FY2012 enacted…

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17.4% of Illinois general fund goes to pension costs, report says

This article discusses IIFS' analysis of the State of Illinois FY2012 enacted budget and focuses on the amount the State…