Government Budgets

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Emanuel to use Skyway windfall to bankroll property tax rebate

This article discusses a plan to provide $20 million in property tax rebates to City of Chicago homeowners. Laurence Msall, President of the Civic Federation, notes that the program is likely to have a very modest impact to Chicago…

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Cook County Electorate to Vote on Referendum to Merge the Recorder of Deeds with the County Clerk

On June 29, 2016 the Cook County Board of Commissioners voted to approve a resolution to present a public question via a binding countywide referendum…

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Stopgap budget failing to erase damage of state impasse

This article discusses the State of Illinois’ FY2017 stopgap plan and how it will not be enough to make whole many of the programs that rely on State funding. Civic Federation President Laurence Msall remarks that the stopgap plan is…

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State Higher Education Funding Still Below FY2015

Despite a stopgap spending measure enacted on June 30, 2016, State of Illinois appropriations for higher education remain below expenditures in…

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Illinois Awash in Red Ink as Budget Deal Buys It Six More Months

This article discusses the State of Illinois’ FY2017 stopgap plan and the financial impact of the State not enacting a comprehensive balanced budget. Laurence Msall, President of the Civic Federation, describes the stopgap plan as a…

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Cook County Issues FY2017 Preliminary Budget Forecast

On June 30, 2016, Cook County Board President Toni Preckwinkle issued a preliminary budget for fiscal year 2017, which begins December 1, 2016 and ends…

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Civic Federation Supports City Colleges' FY2017 Budget

Proposal keeps property tax levy, tuition rates relatively flat despite inadequate funding from State of Illinois In an analysis released today, the Civic Federation announced its support of the City Colleges of Chicago’s proposed FY2017…

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Preckwinkle: Tax hike, budget cuts on table as county faces $174M shortfall

This article discusses the tough financial decisions Cook County will have to make in order to address its expected budget deficit. Civic Federation President Laurence Msall explains that Cook County has been grappling with financial…

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City Colleges of Chicago FY2017 Tentative Budget: Analysis and Recommendations

The Civic Federation supports the City Colleges of Chicago’s proposed FY2017 operating budget. The $523.7-million budget is a reasonable plan given the unprecedented uncertainty surrounding funding from the State of Illinois as it enters a…

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Break in Illinois’ Budget Impasse Allows for Partial Spending Plan

After a yearlong stalemate, the State of Illinois finally saw a crack in its ongoing budget impasse on the last day of the fiscal year. The General Assembly rushed approval of bills authorizing a full year of preschool through high school…