The Civic Federation supports the Metropolitan Water Reclamation District’s FY2011 Tentative Budget of nearly $1.0 billion. The tentative budget is a $681.1 million, or 41.1% decrease over final adjusted FY2010 appropriations. This decline…
CHICAGO — The Civic Federation supports the nearly $1 billion tentative budget proposed by the Metropolitan Water Reclamation District of Greater Chicago (MWRD). The District will reduce staffing levels and Corporate Fund spending as a…
This article explores the effect a bill that reforms police and fire pension benefits and funding will have on the City of Chicago. The Civic Federation says that the City’s pensions need reform.
In this article about the Chicago City Council’s approval of Mayor Daley’s FY2011 City of Chicago budget of $6.15 billion, the Civic Federation warns that the next mayor will need to make major cuts to cope with the City’s pension…
UPDATE: The Civic Federation commends Governor Pat Quinn for signing Senate Bill 3538, a bill…
The Civic Federation supports the Chicago Park District’s FY2011 proposed operating budget of $397.6 million. The District is proposing to hold the property tax levy flat and maintain expenditures at close to FY2010 levels by using…
The Chicago Park District is to be commended for holding its property tax levy flat for the sixth straight year, says a Civic Federation report released today. The District will rely on non-tax revenues and a slight cut in staffing levels…
The Civic Federation released today its analysis of the Chicago Park District’s proposed FY2011…
The City of Chicago contributed $423.9 million to its Municipal, Laborers, Police, and Fire pension funds in fiscal year 2009, an amount equivalent to 13.4% of payroll. If it were following a fiscally reasonable pension funding policy it…
A new report by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability (IIFS)…
