(CHICAGO) A new report by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation has found that Governor Quinn’s proposed budget is unbalanced by a total of $2.4 billion when artificially inflated revenues of $970.9…
In this blog post, Greg Hinz discusses a Pew Center on the States report that found Illinois is the worst in the nation at funding its pension systems. The Civic Federation says that the news may serve as a signal to lawmakers that they…
The Pew Center on the States recently released its report card on the health of state pension systems. Just as they were last year, the…
Mayor-Elect Rahm Emanuel and the newly elected Chicago City Council face a host of major financial challenges. One of the…
In this blog post, Greg Hinz discusses the conclusions of the Civic Federation's "Cook County Modernization 100-Day Accountability Report." The Federation found…
Concerns Remain about Independence of the Health System, Future Budgets (CHICAGO) A new Civic Federation report released today finds that Cook County has made considerable progress toward modernizing its operations, but still faces…
The Civic Federation’s Cook County Modernization 100-Day Accountability Report continues the work of our Cook County Modernization Project. This report includes detailed information on the status of all 36 recommendations from the Civic…
After three years of increasing budget deficits, the State of Illinois is expected to see a smaller budget gap at the end of FY2011 because of tax increases and expanded borrowing for operations. The FY2011 year-end deficit is currently…
Illinois Senate President John Cullerton has recently suggested that school districts should begin…
This article discusses public pension issues in the State of Wisconsin. It cites the Civic Federation's estimate of the per capita unfunded liabilities of certain public pension funds in Illinois.
