Pensions

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Metropolitan Water Reclamation District FY2006 Tentative Budget: Analysis and Recommendations

The Civic Federation supported the MWRD's FY2006 Budget because it reduced its property tax levy by $4.4 million and continues to reduce personnel. The Federation recommended that the District pursue joint purchasing of prescription drugs…

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City of Chicago FY2006 Proposed Budget: Analysis and Recommendations

The Civic Federation supported the City's holding the property tax levy constant for the third year in a row and eliminating vacancies, but was concerned by the lack of transparency regarding the funding for operations at Millennium Park,…

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Chicago Park District FY2006 Operating Budget Recommendations: Analysis and Recommendations

The Civic Federation supported the Chicago Park District's FY2006 Budget because the District did not raise its property tax levy this year, and continues to control personnel costs by cutting positions and restructuring its healthcare…

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Forest Preserve District of Cook County FY2006 Proposed Budget: Analysis and Recommendations

The Civic Federation opposed the Forest Preserve District’s FY2006 Budget because the District's Capital Improvements Plan and budget document fail to meet minimum standards for disclosure and accountability.

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DuPage County FY2006 Proposed Budget: Analysis and Recommendations

The Civic Federation supports DuPage County's FY2006 budget and property tax increase because the County has reduced spending by 20% since 2002, and has held the line on property tax for 10 years. The Civic Federation cautions against any…

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Chicago Transit Authority FY2006 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the CTA's FY2006 budget as a reasonable short-term plan. It endorses the targeted fare increase to $2.00 for cash and rail cards, and encourages the CTA to work cooperatively with the RTA and General Assembly…

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Final FY2006 Illinois State Budget: A Civic Federation Issue Brief

The Illinois General Assembly approved a final State budget of $43.57 billion, 0.03% more than proposed by the Governor. The Governor and legislative leaders approved a 2-year pension funding “holiday” of $2.3 billion to help balance this…

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City Colleges of Chicago FY2006 Tentative Budget: Analysis and Recommendations

The Civic Federation opposes District 508's FY2006 budget because it increased by 11.2%, raised property tax to the maximum amount, and increased tuition, without evidence of serious efforts to cut costs.

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Chicago Public Schools FY2006 Recommended Budget: Analysis and Recommendations

The Civic Federation supports the FY2006 Chicago Public Schools budget as a short-term plan to address the current year’s fiscal and programmatic challenges. It expresses concern about the budget’s lack of basic transparency, and warns of…

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State of Illinois Pension Systems: Analysis and Recommendations (Excerpted from The Civic Federation's State of Illinois FY2006 Recommended Operating Budget: Analysis and Recommendations)

The Civic Federation strongly supported the Governor's proposed pension reforms and urged the General Assembly to adopt the pension reforms as well as a moratorium on further benefit enhancements.