06.01.17
The Illinois General Assembly ended its regular session on May 31, 2017 without passing a budget, heightening concerns that the State might move into a third year without a complete financial plan.
Standard & Poor’s and Moody’s Investors Service immediately lowered Illinois’ credit...
05.26.17
As part of the American Council of Young Political Leaders (ACYPL) program, the Civic Federation hosted Nurul Komalasari as a fellow for the month of May, which was made possible through a grant from the U.S. Department of State - Bureau of Educational and Cultural Affairs. The exchanges are...
05.19.17
June 13, 2017
UPDATE: The State of Illinois has renegotiated the termination thresholds on four of its five interest rate swaps to help avoid termination fees if the...
05.11.17
May 7-13, 2017 is Public Service Recognition Week, an initiative of the Public Employees Roundtable (PER), its member organizations and the Partnership for Public...
05.09.17
Click here to read the full report.
The Civic Federation’s Institute for...
05.03.17
The Illinois Department of Revenue announced in April 2017 that the final equalization factor for the Cook County 2016 property assessment year (taxes payable in 2017) is 2.8032.
The 2016...
04.28.17
As Illinois approaches the end of its second year without a complete budget, lawmakers are debating a new plan to provide partial funding for higher education and human services. This blog post examines the size of the funding gap and how far the proposal would go toward closing it.
Most...
04.21.17
The Civic Federation co-hosted a conference with the Federal Reserve Bank of Chicago on April 19, 2017 entitled, “Chicago’s Fiscal Future: Growth or Insolvency?” Experts, practitioners and academics from around the country gathered to discuss the best and worst case scenarios for Chicago’s...
04.11.17
While Illinois lawmakers remain gridlocked over a State budget plan, another area shows promise of compromise in Springfield: government consolidation. With over 6,900 local government units, Illinois has more units of...
04.07.17
Is Illinois a high tax state, a low tax state or somewhere in the middle? With various ...
