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…
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…
The Civic Federation supports the Chicago Park District FY2012 Budget of $407.5 million because it holds the property tax levy flat for the seventh year in a row and emphasizes cost containment and revenue diversification. The Federation…
The Civic Federation offers conditional support for the Metropolitan Water Reclamation District’s (MWRD) FY2012 Tentative Budget of $1.0 billion. The Federation is concerned that the budget proposes the maximum increase to the property tax…
The Civic Federation's legislative priorities for 2012 include public pension reform, requiring the State of Illinois to develop and implement a capital improvement plan, dissolving the Illinois International Port District, creating a new…
This editorial urges the City of Chicago to declare a TIF surplus and use TIF funds to help fill budget gaps at the City of Chicago and Chicago Public Schools. The Civic Federation says that declaring a surplus is acceptable, provided the…
This article discusses a proposal to divert TIF funds to Chicago Public Schools. The Civic Federation says that TIFs are not the solution to CPS’ financial problems.
This article discusses findings presented by a TIF panel convened by City of Chicago Mayor Rahm Emanuel. Civic Federation President and panelist Laurence Msall says that the City has needed a TIF roadmap for decades and that efforts to…
This news segment discusses reforms to the City of Chicago TIF program as recommended by a panel assembled by Mayor Rahm Emanuel. Civic Federation President and panelist Laurence Msall says that many TIF districts or projects may be closed…
In this article about possible reforms to the City of Chicago TIF system, the Civic Federation says that the City and Chicago Public Schools could receive hundreds of millions of dollars if poorly performing TIF districts are closed.
Sun-Times columnist Mark Brown discusses the findings of the TIF panel convened by City of Chicago Mayor Rahm Emanuel. Civic Federation President Laurence Msall, who participated in the panel, says the panel’s recommendations will help…