This article discusses the negative effect that revenue declines are having on the fiscal condition of states’ budgets. The Civic Federation says that the State of Illinois will not grow out its way out of fiscal trouble and that it must…
This article discusses City of Chicago Mayor Rahm Emanuel’s proposed FY2012 budget for the City. The Civic Federation says the proposal is good first step and helps guide the City in a good fiscal direction.
This article is about an advisory report about the State of Illinois debt load, issued by U.S. Senator Mark Kirk, which cites IIFS’ “Cost of the Crisis” report from 2010.
Civic Federation President Laurence Msall is interviewed about the State of Illinois’ fiscal problems.
This article profiles the budget troubles faced by a number of states. It cites IIFS’ analysis of the State of Illinois’ FY2012 enacted budget, which found that Illinois will face $8.3 billion in unpaid bills.
This article discusses City of Chicago Mayor Rahm Emanuel’s plans to overhaul the City’s trash collection system to reduce costs to taxpayers. The Civic Federation says that the City needs to cut costs because it has had a recent history…
City of Chicago Mayor Rahm Emanuel’s budget plans to close a $635.7 million budget gap are the focus of this article. The Civic Federation says the budget proposal avoids short-term solutions that would worsen the City’s long-term fiscal…
This article examines City of Chicago Mayor Rahm Emanuel’s preliminary FY2012 budget plans, which includes a 5.4 percent reduction in spending. The Civic Federation says the cuts would be the most significant in over a decade, but adds…
In this article about the City of Chicago’s budget proposal for FY2012, the Civic Federation says the proposal may help guide the City toward better financial footing.
On Wednesday October 12th, Mayor Emanuel will release his first budget recommendations for the City of Chicago. With a reported FY2012 budget gap of $635.7 million to close in the Corporate Fund, the proposed budget is likely to address…
