01.15.14
As a follow-up to the Capital Planning Overview , this blog post summarizes information contained in the Civic Federation’s FY2014 budget analyses to compare how well the capital improvement...
Library
01.10.14
Despite savings from recently enacted pension reforms , the State of Illinois’ finances could still worsen...
01.08.14
Last month the Civic Federation released its annual estimate of the full value of real estate in Chicago and the Cook County suburbs . After four straight years of significant drops in estimated...
01.03.14
States inevitably face lawsuits when they attempt to ease budgetary pressures by cutting pension payments to current employees and retirees. While the legal battle over Illinois’...
CIVIC FEDERATION TRUSTEES
Jay Bergman
Elizabeth Q. Betten
Andrew G. Bluhm
Peter Bowe
Robert J. Buford
David R. Casper
Lew Collens
Lester Crown
Kenneth C. Griffin
Adam L. Hoeflich*
Daniel P. Kearney
Michael L. Keiser
Frederick A. Krehbiel
Liam Krehbiel
William C. Kunkler, III
Eileen Mitchell
Sarah Pang
Sanford E. Perl
Michael J. Sacks
After Detroit: How will Illinois and its Communities Respond?
Wednesday, April 23, 2014
8:00 a.m. to 1:30 p.m.
Federal Reserve Bank of Chicago
230 South LaSalle Street
Chicago, Illinois
For a synopsis of the event, click here.
Welcome and Opening Remarks
William Testa, Vice President, Federal Reserve Bank of Chicago
Robert Inman, Wharton School -- University of Pennsylvania
Lessons from Past Fiscal Crises: New York and Philadelphia
On June 25 at the Fairmont Millennium Park, Co-Chairs Lester Crown, Anne Dias Griffin, Andrew J. McKenna, Michael J. Sacks and the entire Board of Directors of the Civic Federation were pleased to honor Ann Lurie with the Lyman J. Gage Award for Outstanding Civic Contribution by a Chicagoan and Northern Trust with the Addams-Palmer Award for Exemplary Civic Involvement by a Chicago Institution. The luncheon was attended by more than 500 of Chicago's and Illinois' business, civic and government leaders.
Below is a list of terms commonly used in the Civic Federation's Unincorporated Cook County report.
Annexation
Is the extension of municipal boundaries into adjacent unincorporated areas and the corresponding expansion of city services to those newly incorporated areas. In Illinois, municipal governments have the authority to determine and expand their boundaries, subject to the provisions of the Illinois Municipal Code (See 65 ILCS 5/ Illinois Municipal Code).
Equalized Assessed Value
Or EAV, is the taxable value of real property.
To view a mobile friendly version of this page, click here.
As part of our full report on unincorporated Cook County, the Civic Federation compiled profiles of the unincorporated areas in the six townships that contain a majority of the total unincorporated Cook County population: Bremen, Lemont, Leyden, Maine, Northfield and Orland. Understanding more about the unique characteristics of these areas will help County and municipal officials, as well as unincorporated residents, develop plans to incorporate.