Federal pandemic assistance provided to states through the Coronavirus Aid, Relief and Economic Security (CARES) Act and American Rescue Plan Act (ARPA) contributed to budget surpluses for many states, which were used for a mix of one-time…
The Cook County Board of Commissioners approved the final FY2024 Cook County budget on Thursday, Nov. 16 for the fiscal year beginning on December 1. The most significant change from the proposed version of the budget was the addition of a…
At the Chicago Public Schools (CPS) Board of Education’s monthly board meeting in October, the CPS Office of Finance updated the Board on the District’s current financial status and the FY2025 budget forecast. The District is expecting to…
Click here to read the full report.Click here to view the landing page for this analysis.CHICAGO…
Federation praises supplemental pension payments, increase in Police Department civilian positions, but warns of budget’s structural imbalance and future fiscal strains …
During the last week of May, after the Illinois General Assembly had been scheduled to adjourn, legislators passed four budget bills for fiscal year 2024: the…