08.31.18
With governments in Illinois facing steep increases in yearly pension contributions, new plans are being floated to borrow billions of dollars to stabilize ailing pension funds and relieve budgetary pressures.
The...
Library
02.03.15
The Civic Federation regularly analyzes and comments on the budgets and audited financial statements of eight major local governments in northeastern Illinois:
1....
09.19.05
This report found that the "7% cap" resulted in an 11.5% total reduction in property tax owed by homestead exempt properties and a 4.5% increase for all other properties in Chicago, tax year 2003...
11.06.02
The Civic Federation commended the City of Chicago for avoiding any broad based tax increases in its efforts to balance the $4.7 billion FY2003 budget.
07.01.02
The Civic Federation applauded the Chicago Public Schools for eliminating $28 million in spending, in addition to the $90 million in cuts made in May in order to close a cumulative budget gap of...