03.07.18
Click here to read this issue brief.
This annual brief...
The Civic Federation is a non-partisan government research organization working to maximize the quality and cost-effectiveness of government services in the Chicago region and State of Illinois.
Job Opening at the Civic Federation: Research Associate
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
The Civic Federation’s 2018 Civic Awards Luncheon
The Civic Federation's 2017 Civic Awards Luncheon is pleased to honor Norman R. Bobins and Illinois Tool Works. Hilton Chicago 720 South Michigan Avenue ...
Learn More
Kearney Center for Public Pensions
The Kearney Center was established in 2018 to demonstrate and advance opportunities for public pension reform in Illinois. As a project of the Civic Federation, it seeks independently verifiable...
Learn MoreTweets by @CivicFederation
The Civic Federation
The following chart from the Chicago Teachers’ Pension Fund actuarial valuation report for FY2017 illustrates the p… https://t.co/TwNL84dTIB
The Civic Federation
CPS owes $784 M for its employer contribution to the Chicago Teachers’ Pension Fund in FY2018. Roughly $638 M of th… https://t.co/RdFnUVHjhZ
Blogs
04.20.18
The Civic Federation has long supported the development of a consensus revenue forecast for the State of Illinois. Public finance experts...
04.12.18
On April 5, 2018 the City Colleges of Chicago Board of Trustees unanimously approved Board Resolution 33420 , which changes the tuition rate from a tier-based rate structure to a hybrid tuition rate structure....
04.06.18
New monthly reports by the Illinois Comptroller’s Office provide the first detailed public information about interest penalties owed on the State’s mountain of overdue bills. As of the end of...
03.30.18
*Note: This blog post was updated on April 13, 2018 with more recent information on the Chicago Public Schools’ short-term borrowing and cash flow position.
Chicago Public Schools (CPS) is heading into the next annual budget cycle for the 2019 fiscal year that begins on July 1, 2018. In...
In the News
04.16.18
Crain's Chicago Business
This article previewed a forum hosted by the Civic Federation and the Federal Reserve Bank of Chicago. The half-day conference featured former elected officials, analysists and union officials to...
04.11.18
Chicago Tonight
This article discusses the withholding of City of Harvey funds by the Illinois Comptroller in response to continued underfunding of Harvey's public safety pensions. Following the intercept, the...
04.02.18
Crain's Chicago Business
This article discusses the ruling to overturn funding reforms for the Chicago Park District’s pension system. As part of the ruling, increased employee contributions will have to be repaid with...
03.26.18
State Journal-Register
This article discusses the challenges of assessing the impact of the 2016 Safe Roads Amendment, or “Lockbox Amendment,” which prohibits the State of Illinois and local governments from using...
Tweets by @CivicFederation
The following chart from the Chicago Teachers’ Pension Fund actuarial valuation report for FY2017 illustrates the p… https://t.co/TwNL84dTIB
CPS owes $784 M for its employer contribution to the Chicago Teachers’ Pension Fund in FY2018. Roughly $638 M of th… https://t.co/RdFnUVHjhZ
In the news at @TheBondBuyer: Political will is the missing ingredient in the Illinois pension recipe https://t.co/b6f2ZamlSR