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GASB 34 Reporting Guidelines For Government Financial Statements: A Civic Federation Issue Brief

This issue brief provides a "plain English" description of how GASB 34 has increased transparency in government financial reporting. It is illustrated with examples from the City of Chicago's FY2002 CAFR, as well as State of Illinois and…

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Regional Transportation Task Force Resolutions

The Civic Federation supported some of the resolutions before the Northeastern Illinois Regional Transportation Task Force. It urged the Task Force to consider the criteria of sound fiscal policy, improved service, and continued federal…

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Chicago Transit Authority FY2004 Proposed Budget: Analysis and Recommendations

The Civic Federation supported the CTA’s FY2004 operating budget of $936 million. The fare increase in this budget was justified because: the CTA has made some significant efforts over the past five years to control costs; the budget does…

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Property Tax Exemptions: A Survey and Analysis of State and Local Laws and Procedures

This is a summary of the survey and analysis of local government assessing practices and procedures regarding the granting of property tax exemptions to nonprofit organizations. The report includes information drawn from a survey of 438…

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Chicago Transit Authority FY2000 Proposed Budget: Analysis and Recommendations

For the second year in a row, The Civic Federation supported the Chicago Transit Authority's budget based upon the CTA's focused, strategic efforts to attract new riders after years of declining ridership, while expressing a concern over…

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Chicago Transit Authority FY1999 Proposed Budget: Analysis and Recommendations

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…

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High-Speed Rail for Chicago and the Midwest

This study provides a review of existing research on Midwestern high-speed rail, an analysis of high-seed rail projects in other nations and examines future developments in rail transportation.