This article about the Civic Federation’s analysis of Chicago Public Schools $5.9 billion FY2012 proposed budget focuses on the Federation’s warnings about the District’s precarious long-term fiscal prospects.
The Civic Federation’s analysis of Chicago Public Schools FY2012 proposed budget is the subject of this segment. The Civic Federation says that despite the proposal being good for the District in the short-term, the District is in a fiscally dire situation and will need a long-term plan.
This article discusses the Civic Federation’s analysis of Chicago Public Schools FY2012 budget proposal. It notes the Federation’s general support for the proposal, but highlights the Federation’s numerous concerns about the District’s long-term fiscal health.
The Civic Federation announced its support for the Chicago Public Schools proposed FY2012 budget in a 82-page analysis released today at civicfed.org. Although supporting the CPS’s proposed $5.9 billion spending plan for the coming school year, the Federation expresses strong concern about the District’s longer term fiscal health. CPS must begin work immediately on a long-term financial plan that will guide structural changes to spending and pensions in order to avoid fiscal calamity in the…
The Civic Federation supports the Chicago Public Schools proposed $5.9 billion budget for FY2012, which is an increase of 1.5%, or $87.0 million, from the year-end estimates of FY2011. The proposed budget is a reasonable short-term plan to fund the District’s core educational mission through its difficult, deepening financial crisis. The Civic Federation is very concerned about the District’s long term fiscal health. CPS will face enormous budget shortfalls in future years, particularly with…
This article about a public hearing for Chicago Public Schools budget proposal and property tax increase notes the Civic Federation’s concern that the District’s long-term fiscal situation is unsustainable.
This article discusses public commentary at a recent Chicago Public Schools budget hearing. The Civic Federation says that CPS’ budget proposal is an estimate of its future expenditures and revenue and that budget planning is not an exact science.
This article profiles many of the major reforms Chicago Public Schools may need to make in order to ensure long-term fiscal health. The Civic Federation says that because the District’s financial problems stem in part from delayed State of Illinois funds and from the District’s decision to refrain from raising taxes to the limit despite growing expenses.
This article discusses the issues surrounding efforts to reduce public workforces, especially with regard to public safety employees, in order to fill budget gaps. The article cites the Civic Federation’s “Recommendations for a Financially Sustainable City of Chicago” report, which noted that all areas of City spending, including public safety, need to contribute to reducing the City’s budget deficit.
After twice rejecting the plan, a State of Illinois board voted on August 16, 2011 to allow Cook County to close Oak Forest Hospital. The Illinois Health Facilities and Services Review Board approved the proposal by a vote of 7 to 1, with one member voting present. It was the first time that the Health Facilities Board had considered the Oak Forest closure since Governor Pat Quinn in June 2011 filled three vacancies on the nine-member board. All of the Governor’s new appointees voted for the…
