Press Detail

Civic Federation zaps Chicago Park District’s pension hole

Posted on December 22, 2011

Crain's Chicago Business

In his blog post, Greg Hinz discusses the Civic Federation’s analysis of the Chicago Park District’s FY2012 budget. The Civic Federation supports the budget because it holds the property tax levy flat for the seventh year in a row and emphasizes cost containment and revenue diversification. The Civic Federation remains concerned about the declining health of the Park District pension fund.