Report Identifies Chicago as Pension Obligation Outlier Among Large U.S. Cities
Morningstar Municipal Credit Research released a report this month comparing aggregate per capita pension liabilities among the 25…
As a follow-up to the Capital Planning Overview, this blog post summarizes information contained in the Civic Federation’s FY2014…
The following posts were among the most highly read on the Civic Federation blog in 2013 and represent some of the most closely followed local government issues this year:…
Last week marked the end of the FY2014 budget season for the eight local governments monitored…
This report compares effective property tax rates in selected communities around metropolitan Chicago. The Civic Federation found mixed results across the region for effective tax rates in 2011 with rises in tax rates for all of the collar…
Over the last several years, several local governments in the Chicago area have taken advantage of a provision of the Property Tax Extension Limitation Law (PTELL or “tax caps”) that allows governments to increase their revenue beyond what…
The Civic Federation strongly supports the proposal to create an Office of Financial Analysis for the Chicago City Council. Mayor Rahm Emanuel’s proposed FY2014 budget includes funding for an Office of Financial Analysis to help vet…