This issue brief provides a "plain English" description of how GASB 34 has increased transparency in government financial reporting. It is illustrated with examples from the City of Chicago's FY2002 CAFR, as well as State of Illinois and Cook County CAFRs.
The Civic Federation supported some of the resolutions before the Northeastern Illinois Regional Transportation Task Force. It urged the Task Force to consider the criteria of sound fiscal policy, improved service, and continued federal funding in its deliberations over the resolutions.
The Civic Federation supported the CTA’s FY2004 operating budget of $936 million. The fare increase in this budget was justified because: the CTA has made some significant efforts over the past five years to control costs; the budget does not make service cuts; and the CTA is a major economic and social asset to the Chicagoland region.
This is a summary of the survey and analysis of local government assessing practices and procedures regarding the granting of property tax exemptions to nonprofit organizations. The report includes information drawn from a survey of 438 assessing offices nationwide in 40 states.
For the second year in a row, The Civic Federation supported the Chicago Transit Authority's budget based upon the CTA's focused, strategic efforts to attract new riders after years of declining ridership, while expressing a concern over rising costs.
The Civic Federation supported the Chicago Transit Authority's FY1999 budget and its plans to attract new riders. The Federation also applauded the CTA for addressing critical capital needs that would allow the CTA to provide better and more cost-effective services.
This study provides a review of existing research on Midwestern high-speed rail, an analysis of high-seed rail projects in other nations and examines future developments in rail transportation.
