The Civic Federation opposed the City Colleges proposed FY2005 budget because it significantly increased both spending and revenues with little effort to control costs. The budget increased spending by 9% over FY2004, raised tuition by $10…
The Civic Federation was pleased with some elements of the $5.05 billion CPS budget, but also identified several areas of concern and opposed the $50 million maximum allowable increase in the property tax levy.
The Civic Federation supported the rejection of any broad-based tax increases but opposed the proposal to reduce pension funding by $310 million and extend payment of that amount over a 41-year period.
Civic Federation President Laurence Msall is a member of the Governor's 2004 Pension Commission. The Civic Federation opposes the pension funding options recommended in the Commision's Interim Report, but supports many of the suggested…
The Civic Federation supported the Governor's rejection of any broad-based tax increases but opposed the proposal to reduce pension funding by $527 million to balance the budget. It urged the General Assembly to hold public hearings to…
The Civic Federation supported the Governor's rejection of any broad-based tax increases but opposed the proposal to reduce pension funding by $527 million to balance the budget. It urged the General Assembly to hold public hearings to…
The Civic Federation's legislative priorities for 2004 include the Suburban Cook County Tuberculosis Sanitarium District, property tax assessment appeals, Neighborhood Preservation Homeowners' Exemption, public employee pensions, and…
This report provides a 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1997 to 2002.
The Civic Federation commended the MWRD for its FY2004 budget of $848.3 million because the District reduced its property tax levy by $2.7 million from the tentative FY2004 budget proposal, it drew down its Corporate Fund balance from a…
The Civic Federation opposed the County’s $2.99 billion FY2004 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: an…
