The Civic Federation opposes the Cook County FY2009 proposed budget because it is built on an unstable foundation of $364.0 million in borrowed funds to pay for operating expenses less than a year after the County raised its sales tax by…
The Civic Federation supports the MWRD's FY2009 Budget because it minimizes the burden on taxpayers and demonstrates reasonable financial planning. The Civic Federation recommends that the District pursue numerous pension reforms in order…
The Civic Federation supports Illinois Treasurer Alexi Giannoulias' proposal to merge the investment functions of all five state-funded pension systems into a single fund managed by a new Illinois Public Employees' Retirement System (…
The Civic Federation supports the FY2009 City of Chicago budget of $5.97 billion because it does not rely on raising property tax and begins the painful yet necessary step of reducing payroll by 2,618 full-time equivalent positions to…
The Civic Federation supports the Chicago Park District’s FY2009 budget because it is a fiscally responsible plan and demonstrates a commendable emphasis on cost containment and avoids a property tax increase for the fifth consecutive year…
The Civic Federation supports the CTA’s FY2009 budget of $1.3 billion as a responsible short-term plan to provide critical mass transit services to the Chicagoland population. The CTA’s proposed fare increases of 25 to 50 cents per ride,…
The Civic Federation supports the Forest Preserve District's proposed $193.6 million budget because the District will freeze its property tax levy this year and maintains a prudent fund balance. However, the Federation warns that the…
The Civic Federation offers qualified support for the DuPage County $505 million FY2009 budget proposal. Although DuPage County has proposed a reasonable spending plan that freezes property tax, our support is qualified because the budget…
This issue brief reviews the status of the five pension funds of the State of Illinois. It discusses the State's historic underfunding of its pension funds, efforts to improve the funding situation (including pension obligation bonds),…
The Civic Federation supports the the Chicago Public Schools recommended 6.2 billion dollar FY2009 budget because it shows restraint by freezing property tax rather than reflexively raising them to the maximum amount allowed under the…
