02.05.21
Despite large revenue losses associated with the economic downturn caused by COVID-19, Cook County’s preliminary 2020 budget results for the fiscal year that ended on November 30, 2020 show a positive year-end balance. Based on the...
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12.14.20
The Civic Federation is examining the fiscal impact of the COVID-19 pandemic on the State of Illinois and its local governments. The following are blog posts and other items covering various...
11.06.20
The City of Chicago expects year-end general operating revenues to be 20.6% below budget by the end of the current 2020 fiscal year, according to the City’s FY2021 budget proposal . As described in a...
05.15.20
This blog post is an update to the Civic Federation’s April 9, 2020 blog post: How COVID-19 is Impacting Chicago’s Criminal Justice System and How Public Safety...
05.08.20
Revenue estimates presented at the April 29, 2020 meeting of the Cook County...
05.04.20
UPDATE : On May 5, Illinois delayed the planned sale of $1.2 billion of...
04.24.20
The coronavirus pandemic has dealt a severe blow to Chicago’s hospitality industry. Conventions have been cancelled, dine-in restaurants have closed, airport traffic has plunged and sporting events have been cancelled. As of early April, the City had experienced the loss of over 20 conventions...
04.17.20
As discussed in a previous blog post , the unprecedented public health emergency brought on by coronavirus has led local governments in Illinois to enact...
04.15.20
The $2.2 trillion economic relief legislation passed by Congress in late March contains significant new funding for States and large local governments. Exactly how the money will be split appears to have caused...
04.13.20
Like most states that levy income taxes, Illinois has followed the federal government in extending the...