The Civic Federation supports the City Colleges of...
The Civic Federation is pleased to announce a call for nominations for the 27th Annual Motorola Solutions Foundation Excellence in Public Service Award. The Excellence in Public Service Award...Learn More
Click here to read the full report. The Civic Federation supports Chicago Public Schools’ proposed FY2019 budget of $7.6 billion with reservations. Due to considerable recurring revenue sources,...Learn More
Click here to read the full report. The Civic Federation supports the City Colleges of Chicago’s proposed FY2019 operating budget. The $436.1 million budget is a prudent plan to continue to...Learn More
The Civic Federation is an independent, non-partisan government research organization that provides analysis and recommendations on government finance issues for the Chicago region and State of...Learn More
Tweets by @CivicFederation
Illinois will issue bonds next week to refund all of its outstanding...
The City of Chicago released its 2017 Comprehensive Annual Financial Report (CAFR) earlier this summer. This blog will examine the City’s Corporate Fund (i.e. General Fund) fund balance as a percent of general operating expenditures based on audited data from the City’s most recent CAFR. This...
Thanks to higher than expected revenues , the State of Illinois ended the last fiscal year with a backlog of unpaid bills that was about $900 million below earlier forecasts.
The bill backlog stood...
The Chicago City Council on July 25, 2018 approved a 2.0% surcharge on shared housing and vacation rentals in the City of Chicago. The 2.0% surcharge is in addition to an existing 4.0% surcharge on vacation rentals or shared housing units, bringing the total taxes specific to home sharing to 6.0...