A proposed package of tax incentives currently being considered by the Illinois General Assembly includes eliminating tax relief known as “bonus depreciation” already provided to businesses for 2011 through a federal tax change that the…
The Chicago Transit Authority Board will vote on CTA President Forrest Claypool’s FY2012 Budget Recommendations on November 15, 2011. The proposed $1.2 billion operating budget closes a preliminary budget shortfall of approximately $277…
The Civic Federation supports the proposed FY2012 Chicago Transit Authority budget of $1.2 billion because it will set the agency on a more sustainable path. The spending plan will also avoid fare hikes or service cuts if labor unions and…
The State of Illinois’ new commission tasked with improving the State’s budget process recently…
The Civic Federation supports the FY2012 proposed Chicago Transit Authority budget of approximately $1.2 billion because it ends the past practice of using capital funds to close operating gaps and maintains current fare and service levels…
This news story examines the Civic Federation’s analysis of Mayor Rahm Emanuel’s FY2012 $6.3 billion budget…
In this blog post, Crain’s columnist Greg Hinz discusses the Federation’s analysis of the City of Chicago FY2012…
(CHICAGO) The Civic Federation supports the proposed FY2012 Cook County budget of $3.3 billion because it reduces spending from FY2011, implements efficiencies and avoids raising broad-based taxes. The full 77-page report is available at…
The Civic Federation supports the Cook County FY2012 Executive Budget Recommendation totaling $2.9 billion. Cook County Board President Toni Preckwinkle’s proposed $2.2 billion General Fund budget is a 4.6%, or $107.4 million, decrease…
Civic Federation Urges Mayor, City Council to Get Moving on Pension Reform The Civic Federation announced its support for the proposed $6.3 billion FY2012 City of Chicago Budget today. The Federation’s full 106-page report not only reviews…