The Civic Federation will announce its support for the proposed $581.9 million FY2011 City Colleges of Chicago budget at a public hearing today. The Federation’s 41-page analysis found that the proposed budget plans a $3.0 million…
The Civic Federation supports the City Colleges FY2011 proposed budget totaling $581.9 million, which includes $454.4 million for the operating budget and $127.5 million for capital improvements. The City Colleges is proposing to reduce…
This article is about how the City of Chicago’s unreserved 2009 cash balance of $2.7 million is indicative of major budget troubles. The Civic Federation says that a city as large as Chicago should have a budget reserve of at least $200…
On June 17, 2010 the Metropolitan Water Reclamation District held a…
Despite a $2 billion drop in the State’s annual revenues in FY2010 , the General Assembly passed Governor Pat…
Last week the Metropolitan Water Reclamation District Board of Commissioners held a public…
Illinois’ increasing cost of borrowing is the focus of this article. The Civic Federation says businesses are reconsidering plans to invest in Illinois because of uncertainty over the State’s long-term tax policies and fiscal health.
On July 14, 2010, Cook County Commissioners approved by a vote of 9 to 3 a strategic plan to reorient the County’s health system more toward outpatient care and away from inpatient hospital services. The five-year plan calls for closing…
Almost immediately after the Illinois General Assembly approved an unbalanced budget for FY2011, two of the three major rating agencies downgraded the state’s debt ratings. It…
This editorial is about the State of Illinois’ FY2011 enacted budget. It mentions the Civic Federation’s alternative budget recommendations as one of several possible solutions overlooked by legislators.
