02.12.15
The Civic Federation’s previous blog examined the long-term debt of eight major local governments in northeastern Illinois.
This blog explores the unfunded pension liabilities of...
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05.22.13
This week the Civic Federation released its annual Status of Local Pension Funding report . The purpose of this report is to compile and analyze basic financial data of the retirement funds for the...
05.21.13
Chicago-area public employee pension funding levels dropped significantly in FY2011, with unfunded liabilities for the ten funds analyzed rising to $32.0 billion from $27.4 billion in FY2010, an...
12.29.11
In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension crisis and timely research on other fiscal issues impacting...
04.06.11
The Civic Federation analyzes the budgets of nine Chicago area local governments. One important indicator that the Federation utilizes to assess the financial health of these municipalities is their fund balance level. In particular, we examine the balance within the general fund that does not...
01.05.11
In 2010 the Civic Federation blog provided comprehensive information about government and fiscal issues across Illinois for the public, government officials and media. In a range of posts on topics from the effect Public Act 96-0889 would have...
12.01.10
The Civic Federation released today its analysis of the Chicago Park District’s proposed FY2011 budget of $397.6 million. The Federation supported the...
12.01.10
The Civic Federation supports the Chicago Park District’s FY2011 proposed operating budget of $397.6 million. The District is proposing to hold the property tax levy flat and maintain...
02.27.06
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 2004. It finds a combined $14.4...
12.11.03
The Civic Federation supported the Chicago Park District's $351 million FY2004 budget because of the District's history of implementing management efficiencies and cost cutting measures and the...