The Civic Federation's initial analysis of the City Colleges of Chicago FY2000 budget expressed a broad concern that over the past 5 years, expenditures have out-paced revenues, leading to a decrease in the CCC's fund balance.
This report compares the unfunded liabilities and funded ratios of the nine local pension funds: the Fire, Police, Municipal, Teacher, Park, MWRD, County, Forest and Laborer Funds. In addition, it analyzes the health of the five collar…
The Civic Federation generally supported the Chicago Park District's FY1999 budget for avoiding a property tax increase and continuing to shift resources from administration to recreation. However, the analysis also warns the District to…
The Civic Federation's analysis of the City of Chicago's FY1999, $4.5 billion budget, supports the proposed decrease in the property tax levy while warning that the City must also prepare for an inevitable economic downturn.
The Civic Federation supported the Chicago Transit Authority's FY1999 budget and its plans to attract new riders. The Federation also applauded the CTA for addressing critical capital needs that would allow the CTA to provide better and…
A 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1991 to 1996.
The Civic Federation's analysis of the Chicago Park District's FY1997 budget commends the District for avoiding a property tax increase for the fourth year in a row, increasing its reliance of user fees rather than the property tax, and…
