In an analysis released today, the Civic Federation announced it supports the Metropolitan Water Reclamation District’s Tentative FY2016 budget of $1.21 billion. The District proposes a reasonable, balanced budget while maintaining ample…
Accommodates Increased Pension Contributions and Holds Property Tax Levy Relatively Flat In an analysis released today, the Civic Federation supports the Chicago Park District’s proposed FY2016 operating budget of $458.1 million. The…
The Civic Federation supports the Chicago Park District’s proposed FY2016 operating budget of $458.1 million that reduces the District’s reliance on one-time revenue sources and accommodates increased employer pension contributions for the…
In the absence of a budget for FY2016, the State of Illinois is moving forward with a plan to issue debt through the Illinois Finance Authority to fund some essential operating expenses. However, the…
This article reviews a borrowing plan for the State of Illinois that would pay for State bills by issuing bonds with funds withdrawn from Illinois Finance Authority Board investments. The Civic Federation said the plan is indicative of the…
Reasonable Plan for Next Year, but Underfunded Pensions Remain a Concern In an analysis released today, the Civic Federation announced it supports the Forest Preserve District of Cook County’s proposed FY2016 budget of $190.3 million.…
