Illinois’ contributions to its severely underfunded retirement systems are expected to increase significantly in the upcoming budget year, but the numbers could change due to pension buyout plans that have yet to be implemented. Proposed…
(CHICAGO) In a report released today, the Civic Federation announced support for Cook County’s proposed FY2019 budget. The $5.9 billion budget proposal is structurally balanced without raising new taxes and continues the practice of making…
Click here to read the full report. The Civic Federation supports Cook County’s proposed FY2019 budget of $5.9 billion…
Since Illinois passed its budget for the current fiscal year, many questions have been raised about the…
After three years of political gridlock and missed deadlines, the Illinois General Assembly passed a budget for the…
This article briefly summarizes the ongoing financial struggles in the City of Harvey, which were recently exacerbated when…
The following news items cover the release of the Institute for Illinois' Fiscal Sustainability at the Civic Federation's analysis of the State of Illinois…
This article discusses the state of Illinois’ unfunded pension liabilities on the three-year anniversary of the Illinois Supreme Court’s ruling that the State’s bipartisan attempt at pension reform was unconstitutional. As the article…
Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability is not…
This article previewed a forum hosted by the Civic Federation and the Federal Reserve Bank of Chicago. The half-day conference featured former elected officials, analysists and union officials to discuss options for tackling the State…
