11.30.09
The Civic Federation supports the FY2010 Forest Preserve District of Cook County budget of $198.2 million because the District will reduce its property tax levy by $1.1 million and use a portion...
Library
11.19.09
11.18.09
In FY2010 the City of Chicago proposes to close a majority of its FY2010 $520 million budget deficit with proceeds it received from the long-term leases of its parking meters and the Chicago Skyway.
This begs the question: how has the City been using the rest of the proceeds from its...
11.18.09
The Civic Federation opposes the FY2010 City of Chicago budget of $6.14 billion because it is unsustainable and relies too heavily on one-time reserve funds to close a $520.0 million budget...
11.13.09
The Civic Federation has enormous concerns about the fiscal risks associated with Governor Quinn’s “deal” to avoid CTA fare increases.
Under the proposal, the Regional Transportation Authority will issue General Obligation bonds worth $83 million in both 2010 and 2011...
11.03.09
The Civic Federation supports the Chicago Transit Authority’s (CTA) proposed FY2010 budget of $1.29 billion. Facing significant public funding short falls, CTA plans to close its $300.9...
10.30.09
Last week Cook County released its FY2010...
10.30.09
The Civic Federation opposes Cook County’s $3.0 billion FY2010 operating budget because it is predicated on the continuation of an unnecessary one percentage point sales tax increase and...
10.27.09
The Civic Federation supports the $521.2 million FY2010 DuPage County budget proposal because it maintains funding for core programs while providing property tax relief. The County has...
10.20.09
The State of Illinois’ personal income tax revenue for FY2010 is now expected to be $850 million lower than projected when the budget was approved in July 2009, according to David Vaught, the newly appointed Director of the Government...