12.28.16
The following are the five most read blog posts presented by the Institute for Illinois’ Fiscal Sustainability in 2016. These posts discuss issues ranging from penalties on Illinois’ overdue bills to the ongoing state budget impasse.
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12.21.16
The following are the five most read posts presented by the Civic Federation blog in 2016. These posts examine issues ranging from local government consolidation to pension funding reform.
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12.15.16
On November 16, 2016, Chicago Public Schools (CPS) released an amended FY2017 budget plan based on the contract agreement reached between the District and the Chicago Teachers Union (CTU) on November 1, 2016....
12.15.16
On December 8, 2016, the Motorola Solutions Foundation and the Civic Federation honored the outstanding public service of Karin M. Norington-Reaves, CEO of the Chicago Cook Workforce Partnership. The annual Motorola Solutions Foundation Excellence in Public Service Award recognizes a non-elected...
12.07.16
Illinois’ pension law requires that State pension assets cover 90% of estimated pension obligations by June 30, 2045 and stay at that funding level thereafter. The law also requires that the...
12.01.16
The Civic Federation recently released its analysis of the CTA’s FY2017 Budget. The Civic Federation supports the Chicago Transit Authority’s FY2017 operating budget of $1.52 billion because it holds base...
11.23.16
The Civic Federation recently released its second report that examines the unincorporated areas in Cook County.
In the report, the Civic Federation identified a number of issues...
11.17.16
As Illinois moves toward its 18th month without a complete budget, a new forecast shows that the State’s backlog of unpaid bills could reach $13.5 billion at the end of the current fiscal year.
The backlog estimate is part of a...
11.09.16
On November 8, 2016, the Cook County electorate voted on the binding referendum to merge the Office of the Cook County Recorder of Deeds and the Office of the Cook County Clerk. The Cook County Board of Commissioners voted in June 2016 to present the referendum question to Cook County residents...
11.03.16
Illinois’ contributions to its five pension funds are expected to increase by approximately $994 million in the upcoming fiscal year, putting more financial strain on a state that has been without a complete budget for the past 16 months.
In late October, trustees of the retirement...