Tax Increment Financing

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Updated Report Explains Effect of TIF on Cook County Local Governments

Today the Civic Federation published an update to its primer The Cook County Property Tax Extension Process: A Primer on Levies…

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Data Portals Help Increase Understanding of City Operations

  In the Civic Federation’s “Recommendations for a Financially Sustainable City of Chicago” report issued last week, the Federation discussed the importance of a government…

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Civic Federation: Urgent Reforms Needed to Improve Chicago's Financial Stability

The Civic Federation released today a comprehensive set of forty recommendations to improve the City of Chicago’s long-term fiscal condition. The new Federation report includes reforms that can be implemented now and over the next few…

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Recommendations for a Financially Sustainable City of Chicago

The purpose of this report is to provide the City of Chicago’s Mayor and City Council with detailed recommendations on ways to address the City’s serious financial challenges and create a government that is more efficient, less costly and…

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Financial Challenges for the New Mayor of Chicago: Analysis and Recommendations

This report identifies the most significant financial challenges facing the City of Chicago and provides recommendations to the new Mayor of Chicago for ways to improve and stabilize the City’s finances in the short- and long-term. Those…

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Civic Federation Provides Extensive Online Commentary and Analysis

In 2010 the Civic Federation blog provided comprehensive information about government and fiscal issues across Illinois for the public, government officials and media. In a range of posts on topics from the…

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'Legal questions' on last-minute River Forest TIF projects

This article discusses River Forest’s plan to prevent the diversion of soon-expiring TIF funds by using them to fund a last-minute development. The Civic Federation says this plan breaches the public trust and may not withstand legal…

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Chicago TIFs Will Collect $520 Million for Tax Year 2009

A new report on Cook County Tax Increment Financing (TIF) districts was released today by Cook County Clerk…

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Civic Federation 2011 Legislative Priorities

The Civic Federation's legislative priorities for 2011 include public pension reform, requiring state government to develop and implement a capital improvement plan, the dissolving of the Illinois International Port District, creating a…

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City of Chicago FY2011 Proposed Budget: Analysis and Recommendations

The Civic Federation opposes the proposed FY2011 City of Chicago budget of nearly $6.2 billion because it does not effectively address the structural deficit and relies too heavily on asset lease reserve funds and debt restructuring to…