The Civic Federation applauded the Chicago Public Schools for eliminating $28 million in spending, in addition to the $90 million in cuts made in May in order to close a cumulative budget gap of at least $192 million. However, the…
The Civic Federation opposed the $4.3 million property tax increase proposed in the MWRD’s proposed FY2002 budget of $793 million. The Federation did not believe that increasing taxes during a recession was prudent.
The Civic Federation opposed the $7 million property tax increase proposed in the FY2002 Chicago Park District’s $334 million budget. However, we strongly supported the innovative directions the District has taken this year and previous…
The Civic Federation commended Cook County for proposing a FY2002 budget of $2.7 billion that held the line on spending and avoided tax or fee increases. However, we were disappointed that the County once again failed to improve its…
The Civic Federation supported the proposed FY2002 City of Chicago budget of $4.6 billion because: the budget did not include any broad-based tax increases; it eliminated 538 vacant positions for a net savings of $22 million; it cut 5%…
A 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1995 to 2000.
The Civic Federation supported the Chicago Park District’s FY2001 budget despite a $3.6 million increase in the property tax levy because the District demonstrated a commitment to improving services and putting its financial house in order.
In its analysis of the Forest Preserve District's $148 million FY2002 budget, the Civic Federation pointed out that expenditures continued to exceed revenues, leading to a long-term trend of Corporate Fund deficits.
The Civic Federation did not oppose the City of Chicago's FY2001 because the City used conservative revenue projections and limited reductions in personnel. The statement also out-lined the Federation's concern with the City's future…
The Civic Federation gave conditional support to the City Colleges of Chicago's FY2001 budget based primarily upon a concern that the balanced budget was predicated upon overly optimistic revenue projections.
