This report provides a 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1996 to 2001.
In a statement before the Forest Preserve Land Mangagement and Maintenance Committee, The Civic Federation reiterated management recommendations it has made over the years: focus on the core mission of acquiring, preserving, and…
The Civic Federation supported the Chicago Park District’s $338 million FY2003 budget because the budget was balanced by eliminating over 180 positions and reducing contractual service expenses rather than resorting to broad based tax…
County Should Immediately Implement its Own Operations Review Report, Save $129 Million Chicago) – The Civic Federation today released a summary of its testimony on the proposed Cook County FY2002 budget. The testimony will be delivered…
The Civic Federation opposed the $7.3 million property tax hike proposed by the Metropolitan Water Reclamation District in its FY2003 $758 million budget.
The Civic Federation supported the proposed FY2003 $141 million budget because of the proposed expenditure reductions of nearly $7 million, the elimination of 473 positions, the implementation of management efficiencies including…
The Civic Federation commended President Stroger for proposing a $2.9 billion budget that is balanced with no broad based tax increases andcontinues a trend toward reducing reliance on property tax.
The Civic Federation commended the City of Chicago for avoiding any broad based tax increases in its efforts to balance the $4.7 billion FY2003 budget.
The Civic Federation was encouraged by the City Colleges’ efforts to balance its $296 million budget by reducing positions and drawing down reserves. The Federation also applauded its efforts to implement a strategic planning process.
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…
