CTA Service Cuts Looming, But Are they Enough to Balance the Budget?
On February 7 the Chicago Transit Authority (CTA) will implement layoffs and service reductions intended to reduce its FY2010…
On February 7 the Chicago Transit Authority (CTA) will implement layoffs and service reductions intended to reduce its FY2010…
As the Civic Federation composes its forthcoming Status of Local Pensions Report, we have pensions on our minds. Here’s a quick round up of what’s happening with local pension funds in Chicago and across the State of Illinois, including…
The redesign of the Civic Federation website in July has provided the public, government officials, and the media better access to the Federation’s analyses of government services in Illinois. The regularly-updated Civic Federation blog…
The Civic Federation's legislative priorities for 2010 include public pension reform, requiring state government to develop and implement performance measurement and a capital improvement plan, the dissolving of the Illinois International…
The Civic Federation has enormous concerns about the fiscal risks associated with Governor Quinn’s “deal” to avoid CTA fare increases. Under the proposal, the Regional Transportation Authority will issue General Obligation bonds worth $83…
The Civic Federation supports the Chicago Transit Authority’s (CTA) proposed FY2010 budget of $1.29 billion. Facing significant public funding short falls, CTA plans to close its $300.9 million deficit with fare increases ranging from 25…
The Chicago Transit Authority (CTA) recently implemented a vendor database that allows members of the public to search for vendor and contract information on the CTA website. The database…
In order to make its capital selection process more transparent in FY2009, the Chicago Transit Authority (CTA) has revised the way in which is selects and prioritizes capital projects. CTA’s revised capital selection process includes…
This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1998 to 2007, the most recent year for which audited data are available. It finds that…