This issue brief examines how enterprise zones currently operate in Illinois. Enterprise zones are geographic areas designed by state and/or local governments to stimulate economic growth and create or retain jobs in economically depressed…
This segment gives an overview of the City of Chicago’s fiscal health following the July 31 release of the City’s Annual Financial Analysis, which projects a deficit of $369.0 million in FY2013. Civic…
The City of Chicago released its Annual Financial Analysis on July 31, showing that debt payments are expected to rise next year by $278 million to a record level of $1.55 billion. The Civic…
This week the City of Chicago released its Annual Financial Analysis for 2012. According to an…
As discussed here previously the Illinois General Assembly recently passed a sweeping overhaul of its Enterprise Zone Act. If signed by the Governor, the…
In its recent analyses of the $5.7 billion FY2013 budget proposed by Chicago Public Schools and the $659.5 million FY2013 budget proposed by the City Colleges of Chicago, the Civic Federation expressed concern about the limited time…
Paris Schutz of WTTW interviewed Civic Federation President Laurence Msall about the Civic Federation’s Analysis of Chicago Public Schools (CPS) FY2013 proposed budget. The report opposes the…
This article covers the release of the Civic Federation’s Analysis of Chicago Public Schools (CPS) FY2013 proposed budget. The Civic Federation opposes the CPS budget for the first time since…
Total revenues collected by the State of Illinois in FY2012 beat expectations by $576 million, according to an update from the General Assembly’s financial oversight commission. However, the same report suggested that stalled economic…
As stated in its analysis released today, the Civic Federation opposes the Chicago Public Schools (CPS) proposed $5.2 billion operating budget for FY2013, which drains all General Fund…
