Cook County TIF Revenue Continues Record Growth
A report released by the Cook County Clerk in November 2023 found that revenue from tax increment financing (TIF)…
As part of the total City of Chicago budget adopted for the 2024 fiscal year that began on January 1, the City Council approved a nearly $2.0 billion budget for the Chicago Police Department (CPD). The Police Department budget represents…
In September 2023 the Chicago City Council approved placing a referendum on the March 2024 primary…
The following are summaries of the five most-read posts presented on the Civic Federation’s blog in 2023, listed here in chronological order. The posts examine issues related to Illinois taxes and debt, Tier 2 Benefits, the SAFE-T Act…
This blog post examines the City of Chicago’s long-term liabilities. It includes a review of trends in the City’s long-term governmental and business-type activities, liabilities, debt service trends and a discussion of its tax-supported…
Federation praises supplemental pension payments, increase in Police Department civilian positions, but warns of budget’s structural imbalance and future fiscal strains …