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The Civic Federation today released its analysis of the State of Illinois FY2025 proposed budget, finding the State remains in an improved financial shape due to strong revenue performance and effective management. However, the Federation…
On November 15, 2023, the Governor’s Office of Management and Budget (GOMB) released the …
As part of the total City of Chicago budget adopted for the 2024 fiscal year that began on January 1, the City Council approved a nearly $2.0 billion budget for the Chicago Police Department (CPD). The Police Department budget represents…
The Forest Preserve District of Cook County adopted its FY2024 budget on November 14 for the fiscal year beginning January 1. This is the second annual budget that is supported by a…
This blog post presents an overview of the Chicago Transit Authority (CTA) FY2024 operating budget. The CTA’s fiscal year is January 1…
Federal pandemic assistance provided to states through the Coronavirus Aid, Relief and Economic Security (CARES) Act and American Rescue Plan Act (ARPA) contributed to budget surpluses for many states, which were used for a mix of one-time…
The Cook County Board of Commissioners approved the final FY2024 Cook County budget on Thursday, Nov. 16 for the fiscal year beginning on December 1. The most significant change from the proposed version of the budget was the addition of a…
At the Chicago Public Schools (CPS) Board of Education’s monthly board meeting in October, the CPS Office of Finance updated the Board on the District’s current financial status and the FY2025 budget forecast. The District is expecting to…
