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Government Budgets

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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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Press Release: Civic Federation Supports Proposed City Of Chicago FY2022 Budget Amid Influx Of Federal Recovery Revenues

Concerns remain regarding pension funding and sustainabilityClick here to read the full report.…

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City of Chicago FY2022 Proposed Budget: Analysis and Recommendations

Click here to read the full report. …

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Chicago Releases 5-Year, $11.2 Billion Capital Improvement Program

The City of Chicago has released a FY2021-FY2025 Capital Improvement Program (CIP).[1]  The purpose of a CIP is to establish priorities that balance capital needs with available resources,…

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The State of Illinois’ FY2022 Enacted Budget Reflects Pandemic Recovery, Federal Support

The fiscal year 2022 budget for the State of Illinois and the process that created it showed the ongoing impact of the COVID-19 pandemic, but also the beginnings of a recovery within the State economy. Unlike the FY2021 budget, the…

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Chicago Public Schools FY2022 Proposed Budget: Analysis and Recommendations

Click here to read the full report (PDF).Click here to…

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Press Release: Civic Federation Supports Chicago Public Schools Proposed FY2022 Budget

Spending plan bolstered by significant short-term federal support; Federation reiterates call for longer-term plans Click here to visit the report landing page. CHICAGO – In…

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Cook County Forecasts Small Deficit Heading into FY2022 and No Budget Deficit for Year-End FY2021

On June 24, 2021, Cook County Board President Toni Preckwinkle issued a preliminary budget forecast for fiscal year 2022. The…

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City of Chicago Introduces Monthly Revenue Reporting

On April 21, 2021, the City of Chicago adopted Substitute Ordinance 2020-5902,…

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State of Illinois FY2022 Recommended Operating and Capital Budgets: Analysis and Recommendations

Click here to read the full report.Click here to…