In September Fitch Ratings announced an upgrade of the Forest Preserve District of Cook County’s outstanding unlimited tax general obligation bonds totaling $115 million…
The Chicago Park District recently proposed its FY2010 operating budget, totaling $391.9 million. The District is decreasing its operating expenditures by 0.3% from the FY2009 budget, which is one of the reasons the Federation offered its…
The Civic Federation offers qualified support for the FY2010 Chicago Park District’s proposed operating budget of $391.9 million. The District is proposing a responsible budget that reduces expenditures and holds the property tax levy…
The Civic Federation supports the FY2010 Forest Preserve District of Cook County budget of $198.2 million because the District will reduce its property tax levy by $1.1 million and use a portion of its budget reserve funds, rather than…
The Civic Federation has enormous concerns about the fiscal risks associated with Governor Quinn’s “deal” to avoid CTA fare increases. Under the proposal, the Regional Transportation Authority will issue General Obligation bonds worth $83…
The Civic Federation supports the Chicago Transit Authority’s (CTA) proposed FY2010 budget of $1.29 billion. Facing significant public funding short falls, CTA plans to close its $300.9 million deficit with fare increases ranging from 25…
The Civic Federation released its analysis of the FY2010 DuPage County budget yesterday. In it the Federation announced its support for the County’s proposed financial plan due in large part to the County’s ability to maintain…
The Civic Federation supports the $521.2 million FY2010 DuPage County budget proposal because it maintains funding for core programs while providing property tax relief. The County has additionally improved its budget planning process and…
The Chicago Transit Authority (CTA) recently implemented a vendor database that allows members of the public to search for vendor and contract information on the CTA website. The database…
