Part Two on City of Chicago's Annual Financial Analysis for 2012 -- Pension Liabilities and Long-Term Debt
(Click here to read part one of this two-part look at the City's Annual Financial Analysis.) Last week, the City of Chicago released its…
(Click here to read part one of this two-part look at the City's Annual Financial Analysis.) Last week, the City of Chicago released its…
This week the City of Chicago released its Annual Financial Analysis for 2012. According to an…
This week the Civic Federation released its annual Status of Local Pension Funding report. This report reviews fiscal year 2010 actuarial valuation reports and financial statements of the retirement funds.…
This blog continues the Civic Federation’s examination of indicators that can be used to assess the financial health of local governments. The Federation is working on a project comparing the City of Chicago with a group of thirteen large…
On Tuesday, May 8, 2012, Mayor Rahm Emanuel offered a plan to reform pensions for employees of the City of Chicago, Chicago Public Schools and Chicago Park District during a hearing of the Illinois House of Representatives Personnel and…
On December 12, 2011, Mayor Rahm Emanuel announced the College to Careers initiative for the City Colleges of Chicago. The new initiative addresses the need to fill an estimated approximately 100,000 jobs that are expected to be available…
The following opinion piece by Civic Federation President Laurence Msall appeared in the May 1, 2012 edition of Crain’s Chicago Business. Mayor Emanuel’s first full look at the City’s finances likely made him ask why he wanted to be mayor…
On April 24, 2012, the City Council passed an ordinance…
Last week, Cook County Board President Toni Preckwinkle announced two alternative service delivery initiatives:…
This blog continues the Civic Federation’s examination of indicators that can be used to assess the financial health of local governments. The Federation is working on a project that compares the City of Chicago with a group of thirteen…