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Civic Federation Plan to Address Illinois Financial Crisis

A Civic Federation report proposes a five-year plan to address the State of Illinois’ ongoing financial crisis and budget impasse. Read More

"Civic Federation Sides Against Rauner in Fiscal Plan"

Crain's Chicago Business
Related Grantee: Civic Federation
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Assessing Chicago Public Schools’ Budget Proposal

Chicago Public Schools’ proposed FY2017 budget remains out of balance, relying on uncertain funding and one-time measures in order to close a $1.1 billion operating deficit, according to an analysis by the MacArthur-supported Civic Federation. Read More
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Plan Proposed to Stabilize Illinois Finances

The Civic Federation, a MacArthur grantee, has proposed a comprehensive three-year plan to address Illinois' ongoing financial crisis with spending limits and revenue enhancements. Read More
Thumbnail for Assessing the Proposed Illinois FY16 Budget

Assessing the Proposed Illinois FY16 Budget

A report by the Civic Federation finds that the proposed Illinois FY16 budget relies heavily on projected savings that do not appear to be achievable in light of the state’s obligations and long-term policy objectives. Read More
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Understanding Illinois Pensions

The Civic Federation provides two easy-to-understand primers on public employee pensions in the State of Illinois. Read More
Thumbnail for Civic Federation Warns Against Using Extended Tax Increase for New Spending in Illinois

Civic Federation Warns Against Using Extended Tax Increase for New Spending in Illinois

The report calls on the state to use any increased revenue generated in the budget to stabilize state finances by significantly reducing the massive backlog of unpaid bills. Read More
Thumbnail for Achieving Long-Term Fiscal Sustainability in Illinois

Achieving Long-Term Fiscal Sustainability in Illinois

This report reviews Governor Quinn’s three-year budget projection and proposes a comprehensive five-year plan for achieving long-term fiscal sustainability for the State of Illinois. Read More
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Recommendations for Public Pension Plan Reforms

The report outlines recommendations to improve the current state of pension plan funding as total unfunded public pension liabilities in the U.S. near $1 trillion by some estimates. Read More
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Analyzing Illinois’ Budget

The analysis warns that the state’s fiscal 2014 budget may represent a high-water mark with future years bringing a sharp reduction in revenues and further consequences of the unresolved pension crisis. Read More
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Analyzing the Status of Local Pension Funding

The report attributes the declining health of Chicago-area public pension funds in large part to inadequate employer contributions over a sustained period and recent investment losses. Read More

"City Hall's Pension Spiral Worsens "

From Crain's Chicago Business
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Thumbnail for Evaluating the FY2014 Illinois State Budget

Evaluating the FY2014 Illinois State Budget

A report from the Civic Federation’s Institute for Illinois’ Fiscal Sustainability supports Governor Pat Quinn’s recommended $62.4 billion FY2014 Illinois state budget for balancing revenues and expenditures without borrowing and making progress toward ... Read More
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Civic Federation Releases Illinois State Budget Projections

The Roadmap shows the state is on track to accumulate nearly $22 billion in unpaid bills by FY2018 unless action is taken to curb rising pension costs. Read More

Financial Challenges for the New Chicago Mayor

The Civic Federation, a MacArthur grantee, released a new report that details the fiscal challenges facing the next Mayor of Chicago. Read More

A Fiscal Rehabilitation Plan for the State of Illinois

The Chicago-based Civic Federation proposed measures to substantially reduce the current Illinois budget deficit in FY2011 and to place the State on better fiscal footing over the long term. Read More

The Civic Federation Releases Fiscal Rehabilitation Plan for Illinois

The Civic Federation, a 116-year-old government research organization, released today its plan to salvage the State of Illinois’ finances. Read More
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