Taxes and Fees

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FY2014 Budget Prepares Chicago Park District for Pending Pension Reforms Next Year

In an analysis released today, the Civic Federation announced its support for the Chicago Park District’s proposed FY2014 budget of $425.6 million which continues the District’s multi-year effort to reduce its structural deficit. The…

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Chicago Park District FY2014 Budget: Analysis and Recommendations

The Civic Federation supports the $425.6 million Chicago Park District budget for continuing the District’s multi-year effort to reduce its structural deficit. The proposal includes a broad-based property tax increase after eight years of…

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Chicago's FY2014 Budget an Urgent Reminder of Need for Pension Reform

Pension Contribution Increase in FY2015 Threatens to Derail Fiscal Progress In a report released today, the Civic Federation announced its support for the City of Chicago’s proposed $7.0 billion budget as a reasonable short-term plan that…

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City of Chicago FY2014 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the City of Chicago’s proposed $7.0 billion budget as a reasonable short-term plan that closes approximately two-thirds of a $338.7 million budget gap with structural changes that will continue to reduce the…

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Pensions, Deficits Loom for Cook County, Ill.: Watchdog Group

(The full content of this article is only available to the publication’s subscribers.) This article covers the release of the Civic Federation’s FY2014 Cook County Budget…

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New Preckwinkle budget counts on Obamacare, but not new taxes

This article covers Cook County Board President Toni Preckwinkle’s October 10 address presenting her FY2014 recommended budget to the Cook County Board. The Civic Federation was supportive of initial details of the budget announcement…

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Reagan Revolution Misses Tax Fiefdoms Flourishing in U.S.

This article looks at the nationwide increase of local governments and special taxing districts, focusing on Illinois’ 7,000 units of government. The Civic Federation urges greater oversight and consolidation of Illinois’ local governments…

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Health System's Medicaid Expansion Plan Central to Cook County FY2014 Budget

In a report released today, the Civic Federation supports Cook County’s proposed FY2014 operating budget of $3.2 billion, which holds the property tax levy relatively flat by reducing expenditures and aggressively pursuing new revenue for…

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Cook County FY2014 Executive Budget Recommendation: Analysis and Recommendations

The Civic Federation supports Cook County’s proposed FY2014 operating budget of $3.2 billion for holding the property tax levy relatively flat, reducing expenditures and aggressively pursuing new revenue for the Cook County Health and…

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Homestead Exemption Value Trends in Cook County - 2000 to 2011

In June this blog described the property tax exemptions available to seniors in Illinois and explored…