Privatization

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What’s Next for Local Governments in 2013?

A look back at the Civic Federation’s blog this year provides a preview of upcoming fiscal challenges for local governments in 2013. Pension Funding The most urgent fiscal challenge for Illinois governments continues to be the pension…

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Mayor Rahm Emanuel launches Midway privatization plan

Mayor Rahm Emanuel is exploring privatization of Midway airport with a shorter-term lease that preserves City ownership. The Civic Federation said exploring a deal makes sense considering the City’s looming financial challenges, including…

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Emanuel close to reviving Midway privatization — with key changes

This article discusses Mayor Rahm Emanuel’s consideration of whether to privatize Chicago’s Midway Airport and focuses on proposed safeguards to prevent the mistakes of past privatization efforts including a shorter-term lease and an…

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Update on Recommendations for a Financially Sustainable City of Chicago

On June 30, 2011 the Civic Federation released Recommendations for a Financially Sustainable City of Chicago. The report offered a comprehensive set of forty recommendations to…

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Chicago City Council Approves Infrastructure Trust

On April 24, 2012, the City Council passed an ordinance…

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Cook County Announces New Alternative Service Delivery Initiatives

Last week, Cook County Board President Toni Preckwinkle announced two alternative service delivery initiatives:…

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Rahm’s bold funding plan looks good, but needs tweaks

This Chicago Sun-Times editorial discusses Mayor Rahm Emanuel’s recently-announced plan to create the Chicago Infrastructure Trust and an upcoming April 18 vote on the…

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Chicago, short of money, turns to private sector

This article reports that the City of Chicago’s recently announced $7.2 billion infrastructure plan will be funded in part by the Chicago Infrastructure Trust which will be financed by savings from…

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City plans $7.2B infrastructure overhaul

Mayor Rahm Emanuel announced a $7.2 billion, three-year infrastructure plan which includes repaving half of the city’s streets, rebuilding transit and the goal of adding a fourth runway at O’Hare airport. The announcement follows the Mayor…

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Skeptical Chicago Eyes P3s

This article discusses public private partnerships that were proposed or implemented in Chicago, including possible funding for the Red Line Extension project and revisiting the proposed privatization of Midway airport. Speakers from last…