This report calls for the dissolution of the Illinois International Port District and the transfer of its operations to the City of Chicago. It finds that the District has shifted its primary focus from port operations to the management of…
This joint report by the Civic Federation and Friends of the Forest Preserves calls for the creation of an independent board of commissioners for the Forest Preserve District of Cook County. The report finds that the current arrangement by…
The Civic Federation's legislative priorities for 2008 include public pension reform, tax increment financing disclosure, creation of a separate board of commissioners for the Cook County Forest Preserve District, school financial…
This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1997 to 2006. It finds a combined 18.3 billion dollars in unfunded liabilities for the…
The Civic Federation supports the MWRD's FY2008 Budget because it minimizes the burden on taxpayers and demonstrates sound financial planning techniques. The Civic Federation is concerned about the declining funded ratio of the MWRD…
The Civic Federation supports the CTA's proposed $1.0 billion FY2008 budget because it makes the necessary fare and service changes to create a blanced budget for the coming fiscal year. The Federation calls on the General Assembly and…
This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1997 to 2005. It finds a combined 16.5 billion dollars in unfunded liabilities for the…
The Civic Federation's legislative priorities for 2007 include public pension reform, property tax exemptions and assessment reform, revision of the Regional Transportation Authority Act, tax increment financing disclosure, timely county…
The Civic Federation supported the MWRD's FY2007 Budget because it minimizes the burden on taxpayers and implements sound financial planning techniques. Notably, the MWRD has adopted a policy establishing an irrevocable trust for funding…
The Civic Federation opposes the State of Illinois Recommended FY2007 operating budget because it takes a partial pension holiday of $1.1 billion at the same time as it increases spending for recurring programs by $1 billion.