01.15.15
The fate of a proposal to use more than $5 billion in new federal funds to overhaul the State of Illinois’ Medicaid program remains unclear as a new gubernatorial administration takes office in Springfield.
As...
Library
01.15.15
The Civic Federation and IIFS blogs have written extensively about reductions to assumed rates of return on investment by State and some local public pension plans over the last several years. These changes are part of a nationwide trend, influenced partly by the low interest rate environment...
01.09.15
According to a recent study, the State of Illinois does not set aside enough revenue to account for fluctuations in its volatile tax sources and needs to improve its rules for making rainy day fund deposits in order to prepare for future financial challenges.
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01.07.15
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...
01.02.15
A drop in Illinois’ income tax rates—and uncertainty about the implementation of pension changes—could cause the State’s backlog of unpaid bills to grow to $9.9 billion by the end of the 2016 budget year, according to a new forecast by Governor Pat Quinn’s office.
Along with the decline...
The Civic Federation was pleased to honor Tyrone C. Fahner with the Lyman J. Gage Award for Outstanding Civic Contribution by a Chicagoan and The Boeing Company with the Addams-Palmer Award for Exemplary Civic Involvement by a Chicago Institution on Monday, September 21 at the Palmer House Hilton. Event co-chairs Lester Crown, Andrew J. McKenna, Michael J. Sacks and Maurice Smith joined Illinois’ business, civic and government leaders to celebrate the civic achievements of both honorees. Chicago City Clerk Susana A. Mendoza gave the afternoon's salutation address.
Watch the brief videos below to learn more about the contributions Mr. Fahner and The Boeing Company have made to the City of Chicago.
Links to each presentation can be found within the agenda below:
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8:05 a.m. — Welcome
William Testa,Vice President, Federal Reserve Bank of Chicago
8:10 a.m. — Opening Presentation
Adam Hoffer, Assistant Professor, University of Wisconsin-LaCrosse
Sin Taxes: An Economist's Perspective
8:50 a.m. — Break
9:00 a.m. Session I — Competition and Cooperation: Cross-Jurisdictional Issues and Tobacco Taxes