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Government Budgets

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Press Release: Civic Federation Supports Proposed City of Chicago FY2024 Budget

Federation praises supplemental pension payments, increase in Police Department civilian positions, but warns of budget’s structural imbalance and future fiscal strains …

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Chicago Police Department Budget Q&A

This blog takes an updated look at the Chicago Police Department (CPD) budget and …

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The State of Illinois FY2024 Enacted Budget

During the last week of May, after the Illinois General Assembly had been scheduled to adjourn, legislators passed four budget bills for fiscal year 2024: the…

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Cook County Preliminary Forecast Shows Substantial Operating Surplus for Year-End FY2023 and Moderate Budget Deficit for FY2024

On June 22, 2023, Cook County Board President Toni Preckwinkle issued a preliminary budget forecast for fiscal year…

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Civic Federation Has Significant Concerns About Chicago Public Schools' Long-Term Financial Challenges

The Federation urges the District to develop a long-term financial plan as costs continue to rise and a financial cliff looms. Click here to visit the report landing page…

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Chicago Public Schools FY2024 Proposed Budget: Analysis and Recommendations

Click here to read the full report.Click here to read the press release for this…

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Recommendations to Strengthen the Council Office of Financial Analysis

Last week, the Civic Federation released its report, Financial Challenges Facing the Chicago Mayor and the City Council, which provided an overview of…

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These Are the Four Major Takeaways From the City’s $6.2 Billion Budget Deal

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Addressing the Financial Entanglements Between the City of Chicago and Chicago Public Schools

With the upcoming implementation of an elected school board to oversee Chicago Public Schools, the governance of CPS will be separated from the City of Chicago. The 21-member elected school…

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State of Illinois FY2024 Recommended Operating and Capital Budgets: Analysis and Recommendations

Click here to read the full report. Click…