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Government Efficiency and Transparency

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Olympic bid can be delivered on budget?

In this report, Civic Federation President Laurence Msall is interviewed about the Federation’s fiscal analysis of the Chicago 2016 Olympic bid. Mr. Msall says that the operating budget’s cost projections and revenue estimates are…

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Report Looks at Impact of Olympics on Taxpayers

Laurence Msall, President of the Civic Federation, is interviewed for this segment of the City Room news program about the Federation’s fiscal analysis of the Chicago 2016 Olympic Bid. He points out that taxpayers face the greatest risk if…

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Chicago 2016 Blueprint “Fair and Reasonable,” Report Finds

This news segment discusses the Civic Federation’s fiscal review of the Chicago 2016 Olympic bid and points out that the Federation found that the proposed operating budget protects taxpayers but notes the Olympic Village plan contains…

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Report: Olympic risk real estate, not financial

This nightly news segment features an interview with Civic Federation President Laurence Msall about the Federation’s analysis of the Chicago 2016 Olympic Bid. Mr. Msall notes that the operating budget for the Bid is on the whole fair and…

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Chicago has reasonably solid plan for 2016 Olympics, report says

This piece discusses the Civic Federation’s review of the Chicago 2016 Olympic Bid to determine whether the plan provides adequate protection for taxpayers. The story notes that the Federation’s report calls for considerable oversight of…

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Olympic ‘real estate risks’

This article reviews the Civic Federation and L.E.K Consulting’s analysis of the Chicago 2016 Olympic Bid. It discusses the recommendations in the report, which include a call for greater transparency on the part of the bid committee and…

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Civic Fed OKS 2016 cost forecast – except for Olympic Village

This article discusses the Civic Federation’s fiscal analysis of the Chicago 2016 Olympic Bid. The Federation warns that while the proposed operating budget provides adequate protection to taxpayers, some of the bid’s revenue projections…

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Civic Federation Presents 2016 Olympic Bid Review Findings to Chicago City Council Finance Committee

The Civic Federation and our consultant L.E.K. Consulting testified yesterday before the Finance Committee of the Chicago City Council about our review of the…

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Civic Federation: Olympic Operating Budget Protects Taxpayers But Village Plan Contains Risk That Must Be Managed

CHICAGO) The Civic Federation, after a six-week review of the Chicago 2016 Olympic Bid, has determined that the operating budget provides adequate protection for taxpayers, but the development of the Olympic Village exposes the City of…

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Narrative Summary of the Chicago 2016 Olympic Bid Review

The Civic Federation and L.E.K. Consulting's review of the Chicago 2016 Olympic Bid has determined that the operating budget provides adequate protection for taxpayers, but the development of the Olympic Village exposes the City of Chicago…