Funding Status of the Chicago Teachers’ Pension Fund
This blog post examines the Chicago Public Schools’ contributions to the Chicago Teachers’ Pension Fund in the FY2023 budget and the funding status of the Pension Fund based…
This blog post examines the Chicago Public Schools’ contributions to the Chicago Teachers’ Pension Fund in the FY2023 budget and the funding status of the Pension Fund based…
On June 23, 2022, Cook County Board President Toni Preckwinkle issued a preliminary budget forecast for fiscal year 2023. The fiscal year begins December 1, 2022 and ends November 30, 2023. The report provides end-of-year estimates for the…
Short-term or current liabilities are financial obligations that must be satisfied within one year. These include short-term notes, accounts payable, amounts due to other funds, accrued payroll and other current liabilities. Rating…
The Civic Federation released its annual analysis of the City of Chicago’s proposed budget this week. Included in the report was a section dedicated to the budgetary…
The State of Illinois received some good fiscal news this summer: two rating agencies upgraded the State’s credit ratings and a third revised its outlook to positive. The credit upgrades were the first in in two decades, reversing years of…
This article covers the release of the Civic Federation’s Financial Indicators report, which measures the financial condition of 13 U.S.…
This article reviews the Civic Federation’s second Financial Indicators study, which uses indicators of financial condition to measure the…
A report released today by the Civic Federation uses nine indicators of financial condition to measure the relative financial trends of Chicago and 12 other major U.S. cities from FY2009 to FY2013. The financial trends for Chicago, New…