11.01.12
On October 31, 2012, the Civic Federation released its analysis of the City of Chicago’s FY2013 proposed budget and President Laurence...
11.01.12
On October 31, 2012, the Civic Federation released its analysis of the City of Chicago’s FY2013 proposed budget and President Laurence...
10.31.12
The Civic Federation supports the City of Chicago’s FY2013 proposed $6.5 billion budget which reduces the City’s reliance on one-time revenue sources while restructuring City...
10.26.12
The Civic Federation supports the Cook County FY2013 operating budget of $2.9 billion for its disciplined approach to significant budget challenges. The proposed budget holds the property tax levy...
10.26.12
A national report on state budget issues released this week details the ongoing operating budget problems in Illinois and highlights the State’s dire need to invest in its neglected infrastructure.
According to the State Budget Crisis Task Force...
10.24.12
Last week, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability published a blog on the State of Illinois’ Personal Property Replacement Tax (PPRT) and why the State...
10.22.12
The purpose of this report is to provide a review of the DuPage County Proposed FY2013 Financial Plan and examination of the County’s financial condition. The report reviews key findings of...
10.18.12
Last week, Chicago Public Schools (CPS) issued an amended FY2013 budget plan based on the new contract agreement between the District and the Chicago Teachers Union (CTU). The revised budget includes an additional $103 million in spending which CPS plans to fund through cost-reductions in...
10.17.12
The fact that the State of Illinois is no longer behind on paying business income tax refunds is good news for taxpayers and the State budget.
But due to an obscure provision of State law, the elimination of the refund backlog also means that the State will distribute an...
10.11.12
Although discussion about the State of Illinois’ annual budget primarily focuses on the operating expenditures the State also appropriates significant funding each year for capital investments. The State approved a $22.7 billion capital budget for FY2013 that is not part of the $33.0...
10.08.12
This analysis of the State of Illinois’ Fiscal Year 2013 budget estimates that projected savings could reduce the State’s existing backlog of $8.9 billion in unpaid bills by roughly $1...