The Civic Federation strongly supported the Governor's proposed pension reforms and the Pay as You Go funding proposal . It urged the General Assembly to adopt the pension reforms as well as a moratorium on further benefit enhancements.
This report provides a trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1998 to 2003. It finds a combined $9.7 billion in unfunded liabilities for the nine funds.
Civic Federation President Laurence Msall is a member of the Governor's Pension Commission and supported this report. The Report recommends changes to pension plan provisions and pension funding practices to address the underfunding of…
The Civic Federation's legislative priorities for 2005 include the Suburban Cook County Tuberculosis Sanitarium District, property tax exemptions and assessment reform, public employee pensions, the Regional Transportation Authority Act,…
The Civic Federation opposed the Forest Preserve District’s FY2005 Budget because the District has failed to meet minimum standards for disclosure and accountability in its budget process and has implemented a 13.6% property tax increase…
The Civic Federation opposed the County’s $3.04 billion FY2005 budget because it does not reduce operational expenditures or implement increased efficiencies and it is balanced by means of two new and unnecessary revenue enhancements: a 2…
The Civic Federation supported the MWRD's FY2005 Budget because it levied well below the maximum allowable property tax increase, and because it continues to reduce personnel. The Federation recommended continued restraint in levy…
The Civic Federation supported the Chicago Park District's FY2005 Budget because the District levied well below the maximum allowable property tax increase, and because it continued to reduce full-time personnel. The Federation is…
The Civic Federation supported the City's holding the property tax levy constant for the second year in a row and cutting positions, but was concerned that further measures to control personnel expenditures should be taken and was…
The Civic Federation supported increased public funding for the CTA, Metra, and Pace, but opposed the massive service cuts proposed in the CTA's "Gridlock" Budget scenario. The Federation called for fare increases and other measures in…
