FY2016

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Displaying Stark Divisions, Illinois Lawmakers Talk Chapter 9

This article reviews discussions surrounding the idea of allowing Illinois municipalities to file for chapter 9 bankruptcy. Earlier this year, the Civic Federation…

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Looking for long-term budget fixes

This op-ed by State Representative Barbara Flynn Currie urges the Illinois General Assembly to adopt a budgeting approach that balances spending reductions with new revenues. It discusses several recommendations from the Civic Federation’s…

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Why the state's stealth budget crisis is real

This column covers Illinois’ current budget stalemate and the programs and bills that can continue to be paid for without a formal operating budget, meaning the State is spending at FY2015 levels although its revenue has dropped. The Civic…

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Rahm defends school budget hinged on $480M in Springfield pension help

This article discusses the FY2016 Chicago Public Schools budget passed by the Board of Education August 26 which relies on $480 million in State funding that has not been appropriated. The Civic Federation’s annual analysis…

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Warning issued over 'risky' Chicago Public Schools budget

This article covers the Civic Federation’s FY2016 Chicago Public Schools Proposed Budget Analysis released August 25. The Federation opposes the budget…

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Civic Federation tells Board of Ed to reject CPS budget

This article discusses the Civic Federation’s analysis of the proposed FY2016 Chicago Public Schools budget. The Civic Federation opposed the budget for…

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Borrowing trouble for CPS

This editorial reviews the governing history of Chicago Public Schools and calls on today’s leaders to address the District’s current financial crisis. It cites the Civic Federation’s…

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Chicago Public Schools FY2016 Proposed Budget: Analysis and Recommendations

The Civic Federation opposes the Chicago Public Schools proposed $5.7 billion FY2016 budget because it is not balanced and does not provide a sustainable path out of the District’s current fiscal crisis. It is yet another financially risky…

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Board of Education Should Reject "Risky" CPS Budget

Civic Federation Calls for Realistic Contingency Plan for Chicago Public Schools That Does Not Rely on Borrowing, Other Unsustainable Actions In a report released today, the Civic Federation opposed the Chicago Public Schools proposed…

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Illinois Spending Continues Without an FY2016 Budget

Even without an annual operating budget, the State of Illinois has already spent billions of dollars for the fiscal year that began on July 1,…