This year is the third year that Chicago Public Schools (CPS) will receive funding from the State of Illinois through the statewide Evidence-Based Funding formula that was signed into State law in August 2017. The CPS 2020 fiscal year runs…
This article covered the Civic Federation’s analysis of the City Colleges of Chicago FY2020 Tentative Budget. The Federation supported the $447.5 million proposal, but had severe…
(CHICAGO) In an analysis released today, the Civic Federation announced its support of the City Colleges of Chicago’s proposed FY2020 operating budget as a one-year plan for the District—while expressing concerns about the District’s long-…
A new pension buyout plan designed to save hundreds of millions of dollars for the State of Illinois in the fiscal year that just ended actually generated relatively…
Amid the frenzied activity at the end of the Illinois General Assembly’s spring session, a little-noticed tax on health…
(CHICAGO) – In a report released today, the Institute for Illinois’ Fiscal Sustainability at the Civic Federation announced its support for Governor Pritzker’s recommended FY2020 budget, because it represents a workable short-term plan to…
Following an unexpected influx of income tax revenues in April 2019, Illinois Governor J.B. Pritzker has dropped a controversial proposal to delay funding for the State’s financially troubled pension funds. The pension holiday, proposed…
