08.23.16
The Civic Federation cannot support the Chicago Public Schools proposed $5.46 billion budget because it effectively remains out-of-balance by relying on uncertain funding and one-time measures in...
Library
08.19.16
August 24, 2016
UPDATE 3: The State now plans to post the draft waiver application on August 26 and hold public hearings in Springfield on September 8 and Chicago on September 9. For more...
08.05.16
The City of Chicago recently released its mid-year Annual Financial Analysis for 2016 , which provides financial estimates for the City’s fiscal year ending on December 31, 2016 and a forecast for the next fiscal...
07.27.16
The Civic Federation recently released its analysis of the City Colleges of Chicago FY2017 Tentative Annual Operating Budget.
This blog examines City Colleges of Chicago tuition rate changes...
07.14.16
Despite a stopgap spending measure enacted on June 30, 2016, State of Illinois appropriations for higher education remain below expenditures in fiscal year 2015—the last year the State had a complete...
07.08.16
On June 30, 2016, Cook County Board President Toni Preckwinkle issued a preliminary budget for fiscal year 2017 , which begins December 1, 2016 and ends November 30, 2017. The report also provided end of year...
07.07.16
The Civic Federation supports the City Colleges of Chicago’s proposed FY2017 operating budget. The $523.7-million budget is a reasonable plan given the unprecedented uncertainty surrounding...
07.01.16
After a yearlong stalemate, the State of Illinois finally saw a crack in its ongoing budget impasse on the last day of the fiscal year. The General Assembly rushed approval of bills authorizing a full year of preschool through high school education funding, including additional assistance for...
06.09.16
The Illinois General Assembly ended its regular spring session on May 31, 2016 without passing a budget for the upcoming fiscal year. The legislature now has less than one month to complete a budget for the year that begins on July 1, and passage has become more difficult.
After the end...
05.19.16
With the current year’s budget still incomplete, the State of Illinois is now facing the prospect of starting another year without a financial plan.
Due to a political dispute between Illinois’ Republican Governor and Democratic legislators who control the General Assembly, the State...