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Financial Indicators

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City of Chicago FY2022 Proposed Budget: Pension Funds

The Civic Federation released its annual analysis of the City of Chicago’s proposed budget this week. Included in the report was a section dedicated to the budgetary…

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State of Illinois Received First Credit Upgrades in Two Decades

The State of Illinois received some good fiscal news this summer: two rating agencies upgraded the State’s credit ratings and a third revised its outlook to positive. The credit upgrades were the first in in two decades, reversing years of…

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The Final 2019 Cook County Equalization Factor is 2.9160

The Illinois Department of Revenue recently announced that the final equalization factor for the Cook County 2019 property assessment year (…

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Cook County’s Newly Formed Independent Revenue Forecasting Commission Holds First Meeting

A Commission created to analyze an annual five-year forecast of Cook County revenues held its…

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Chicago at bottom of fiscal scoreboard for cities-analysis

This article covers the release of the Civic Federation’s Financial Indicators report, which measures the financial condition of 13 U.S.…

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Chicago beats Detroit—but not other big cities—in study of fiscal recovery

This article reviews the Civic Federation’s second Financial Indicators study, which uses indicators of financial condition to measure the…

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Chicago, New York and Detroit are Lowest Performers on Average in Financial Trend Analysis for FY2009-FY2013

A report released today by the Civic Federation uses nine indicators of financial condition to measure the relative financial trends of Chicago and 12 other major U.S. cities from FY2009 to FY2013. The financial trends for Chicago, New…

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Indicators of Financial Condition: A Comparison of the City of Chicago to 12 Other U.S. Cities from FY2009 through FY2013

Financial Indicators Report, FY2009 to FY2013…

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Report Shows Chicago's Finances Fared Poorly Relative to Other Large U.S. Cities from FY2007 to FY2011

Over the past few years, the Civic Federation has blogged about financial indicators that can be used to measure the fiscal condition of local governments. The blogs were…

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Chicago is worse off than most other big cities: report

This article covers the Civic Federation’s Indicators of Financial Condition report, which uses nine indicators of financial condition to compare Chicago to 12…