Accommodates Increased Pension Contributions and Holds Property Tax Levy Relatively Flat In an analysis released today, the Civic Federation supports the Chicago Park District’s proposed FY2016 operating budget of $458.1 million. The…
Reasonable Plan for Next Year, but Underfunded Pensions Remain a Concern In an analysis released today, the Civic Federation announced it supports the Forest Preserve District of Cook County’s proposed FY2016 budget of $190.3 million.…
The Civic Federation supports the Forest Preserve District of Cook County’s proposed $190.3 million budget. The proposed plan is reasonable and balanced, does not use fund balance reserves for operations and holds the property tax levy…
Holds Fares Flat, but Could be Complicated by State Budget Impasse In an analysis released today, the Civic Federation announced it supports the Chicago Transit Authority’s (CTA) proposed FY2016 operating budget of $1.47 billion. The…
The Civic Federation supports the Chicago Transit Authority's (CTA) FY2016 operating budget of nearly $1.47 billion. The budget represents a continued effort to actively manage costs and improve service levels. The CTA is continuing to…
The State of Illinois’ contributions to its five pension funds will rise by $288.8 million to $7.8 billion in the next budget year, according to preliminary estimates by the retirement systems. The proposed 3.8% increase will add to the…
In this interview on the City of Chicago’s Proposed FY2016 Budget with Mayor Rahm Emanuel, the Mayor discusses the Civic Federation’s analysis of the…
This article reviews the Civic Federation’s analysis of Cook County’s FY2016 Proposed Budget. The Federation could not support the budget because the…
This article discusses a potential lawsuit challenging Chicago Park District pension reforms that went into…
