More details are finally available on the FY2010 operating budget, and it would be difficult to describe it as balanced—even on paper. Depending on how you look at it, there is technically either a $157 million deficit or an $872 million…
Today the Civic Federation released its annual estimate of the full market value of taxable real estate in Chicago and…
CHICAGO – The full market value of real estate in Cook County reached approximately $656.5 billion in tax year 2007 according to an annual estimate released today by the Civic Federation. This total value represents a decrease of $9…
This report provides estimates of the total market value of real property in Cook County from 1998-2007 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs. Tax year 2007 was the first…
In this article about the City of Chicago's predicted FY2010 budget deficit, the Civic Federation is quoted saying that Chicago must look to reduce personnel expenditures, which make up 80% of the City budget.
This morning news segment features the Civic Federation's commentary on the City of Chicago's anticipated FY2010 budget shortfall of $520 million. The Federation praised Chicago's aggressive steps to combat this year's financial crisis,…
This article discusses the City of Chicago's preliminary budget estimates that show a $520 million shortfall for FY2010. The Civic Federation is quoted saying that there are no obvious sources of revenue to fill the gap that the…
This article profiles the Civic Federation’s support of the City Colleges of Chicago budget. The Federation’s budget analysis praised City Colleges' decision to hold its property tax levy flat for the next two years. This article also…
A new study from the Rockefeller Institute of Government in Albany, New York reports that total state tax collections for the first quarter of 2009…
Today the Civic Federation released its analysis of the FY2010 City Colleges Tentative Annual Operating Budget,…
