12.27.12
Throughout this year’s Illinois budget negotiations, the IIFS blog was a valuable source of information and focus in the State’s murky and complex budget process. This year’s negotiations included a groundbreaking effort to address the Medicaid funding gap, new pension reform...
12.26.12
A look back at the Civic Federation’s blog this year provides a preview of upcoming fiscal challenges for local governments in 2013.
Pension Funding The most urgent fiscal challenge for Illinois governments continues to be the pension funding crisis. The combined funded ratio for...
12.21.12
This blog has previously addressed unfunded costs in the State of Illinois’ FY2013 budget, including costs relating to Medicaid and employee and retiree group health insurance. As discussed...
12.20.12
Last week the Civic Federation marked the end of the FY2013 budget season with a blog that summarized the proposed budgets for the nine local governments the Federation monitors. These governments include: the City Colleges of...
12.14.12
If the U.S. Congress is unable to agree to an alternative to the automatic $491 billion in combined tax increases and spending cuts set to take place in January 2013, many are predicting dire national...
12.13.12
Last week marked the end of the budget season for the nine local governments monitored by the Civic Federation. These governments include: the City Colleges of Chicago, Chicago Public Schools (CPS), DuPage County, City of Chicago, Cook County, Chicago Transit Authority (CTA), Forest Preserve...
12.12.12
The Civic Federation supports the Metropolitan Water Reclamation District’s proposed budget of $1.1 billion which continues a comprehensive effort to control rising personnel costs. The...
12.10.12
The Civic Federation strongly supports the Chicago Transit Authority’s proposed FY2013 budget of $1.4 billion as a structurally balanced plan based on shared sacrifice by union members,...
12.06.12
On the final day of the General Assembly’s fall veto session, a bipartisan group of State legislators unveiled a new pension reform proposal designed to help resolve the State’s pension crisis.
Governor Pat Quinn has...
12.05.12
The Civic Federation supports the $410.9 million FY2013 Chicago Park District budget for limiting spending increases and continuing the District’s effort to eliminate its structural deficit...
