08.25.15
The Civic Federation opposes the Chicago Public Schools proposed $5.7 billion FY2016 budget because it is not balanced and does not provide a sustainable path out of the District’s current...
Library
08.20.15
Even without an annual operating budget , the State of Illinois has already spent billions of dollars for the fiscal year that began on July 1, 2015. What remains unclear is how much the State is...
08.12.15
Although the State of Illinois in entering the second month of its new fiscal year without an operating budget, the Governor and General Assembly have agreed on a capital construction budget for fiscal year 2016.
Governor Bruce Rauner issued several line item vetoes to the...
08.06.15
The City of Chicago recently released its Annual Financial Analysis for 2015 . According to an executive order ...
07.28.15
UPDATE: On September 9, 2015, a lawsuit challenging the streaming services was filed on behalf of seven plaintiffs against the City of Chicago. The plaintiffs argue that because they subscribe to various streaming services, such as Netflix, Hulu and Spotify, they “...
07.23.15
More than three weeks into fiscal year 2016, the State of Illinois continues to operate without an annual budget . Despite the lack of a budget, members of the General Assembly are reportedly in line...
07.17.15
On July 15, 2015, the Cook County Board of Commissioners voted 9-7 to once again increase the county sales tax by one percentage point, taking effect on January 1, 2016. Once in place for one full year, Board President Toni Preckwinkle’s office projects that the tax hike will generate nearly $...
07.10.15
The State of Illinois’ new fiscal year began on July 1, 2015 without an annual budget and with no clear end in sight to the impasse between Governor Bruce Rauner and the General Assembly.
On July 9, the legislature was...
07.08.15
The Civic Federation supports the City Colleges tentative FY2016 budget totaling $695.6 million because it continues to minimize the financial burden placed on taxpayers by avoiding a property tax...
07.03.15