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.
A 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1993 to 1998.
The Civic Federation supported the Chicago Park District's FY2000 Budget because it continued the District's trend toward privatization and increased management efficiencies. The District did not increase the property tax levy and…
The Civic Federation criticized the City of Chicago's FY2000 budget for proposing a 4.2% increase in the property tax levy, as well as a number of fee increases, without adequately attempting to decrease spending through expenditure…
For the second year in a row, The Civic Federation supported the Chicago Transit Authority's budget based upon the CTA's focused, strategic efforts to attract new riders after years of declining ridership, while expressing a concern over…
The Civic Federation's initial analysis of the City Colleges of Chicago FY2000 budget expressed a broad concern that over the past 5 years, expenditures have out-paced revenues, leading to a decrease in the CCC's fund balance.
This report compares the unfunded liabilities and funded ratios of the nine local pension funds: the Fire, Police, Municipal, Teacher, Park, MWRD, County, Forest and Laborer Funds. In addition, it analyzes the health of the five collar…
