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Civic Federation

Civic Federation, Madigan Have Reservations About Rauner's Budget

Matthew Dietrich | Posted 05.08.2015 | Chicago
Matthew Dietrich

A $2.2 billion pension savings that's unlikely ever to happen and an overly hopeful savings on state employee insurance payments are two of the major flaws in Gov. Bruce Rauner's proposal for the 2016 state budget, says the Civic Federation, the state's leading fiscal watchdog.

Civic Federation Says Illinois Needs a Higher Income Tax

Matthew Dietrich | Posted 04.15.2015 | Chicago
Matthew Dietrich

The Civic Federation, the respected, Chicago-based fiscal watchdog, is hardly a bastion of tax-and-spend liberalism. Yet this week, for the second time in less than a year, it issued a warning that the state had put itself in serious financial danger when it allowed its personal and corporate income tax rates to fall by 25 percent on Jan. 1.

Illinois' Retirement Benefit Liabilities Are How Much?

Matthew Dietrich | Posted 12.03.2014 | Chicago
Matthew Dietrich

Illinois' pension crisis and efforts toward pension reform are no secret. Bill Bergman, director of research at Truth in Accounting, writes: Today...

6 Things You Didn't Know About Bill Daley

Matthew Dietrich | Posted 11.20.2013 | Chicago
Matthew Dietrich

When Bill Daley bowed out of the governor's race this week, we lost not only an exciting contested Democratic primary. We also lost one of the most potentially colorful candidates in recent election history.

Why Pensions Matter to Each of Us and Our Wallets Now

Madeleine Doubek | Posted 10.28.2013 | Chicago
Madeleine Doubek

In one way or another, it all comes back to our pension crisis, the worst financial crisis we've ever encountered. Care more now? Act. Tell your state officials they must act. Demand a solution that works.

Pension Committee Compromise Sure to Displease

Matthew Dietrich | Posted 10.27.2013 | Chicago
Matthew Dietrich

There is one thing I am absolutely, 100 percent sure about when it comes to the pension bill being hammered out by the Illinois General Assembly's conference committee: Whatever it is, both sides will find plenty to hate about it.

Report: Illinois' Unpaid Bills Could Hit $21.7 Billion In 5 Years

Reuters | Posted 04.27.2013 | Chicago

CHICAGO, Feb 25 (Reuters) - Illinois' pile of overdue bills could nearly triple to $21.7 billion in five years unless the state takes action to curb...

Watchdog: County Budget Proposal Good Start, Pension Peril Looms

Reuters | Posted 12.26.2012 | Chicago

CHICAGO, Oct 26 (Reuters) - A proposed $2.9 billion fiscal 2013 operating budget for Cook County, Illinois, takes steps to address significant finan...

Report: Governor, State Legislature 'Must Act Now' On Unpaid Bills

Posted 01.30.2012 | Chicago

A budget watchdog group that has repeatedly criticized the state's handling of its finances once again called on lawmakers to do something about Illin...

New TV Spot: 'Illinois Is Broke,' Children Will Pay

Posted 12.19.2011 | Chicago

A new television spot aimed at pension reform for state employees made its debut Wednesday. The spot, sponsored by the Civic Committee of the Comme...

Watchdog Group: Despite Cuts, Illinois's Deficit Still Daunting

Posted 11.26.2011 | Chicago

A new report released Monday by the Civic Federation says that, even though the state has made some serious cutbacks and increased its income tax rate...

Rahm Emanuel Wants Cops, More Transparency From Chicago TIF Districts

David Ormsby | Posted 05.25.2011 | Chicago
David Ormsby

Chicago mayor candidate Rahm Emanuel is planning some key changes to Chicago's use and management of its infamous Tax Increment Financing districts.

15,000 Rally to Demand a Responsible State Budget

Dan Lesser | Posted 05.25.2011 | Chicago
Dan Lesser

Reasonable minds do not disagree: a substantial increase in the state's revenues is an indispensable piece of the fiscal puzzle if our state is to avoid financial collapse.

A Doomsday Plan for the Chicago Public Schools

Paras Bhayani | Posted 05.25.2011 | Chicago
Paras Bhayani

Chicago Public Schools chief Ron Huberman dropped an anvil on Chicago residents late last week when he announced that the district faces a $975 million deficit next year.

Laurence Msall Of Civic Federation: Without Tax Increase, 'Very Massive Cuts' Needed To Balance Budget (VIDEO)

Posted 05.25.2011 | Chicago

Laurence Msall of the Civic Federation, a non-partisan budget watchdog, told NBC Chicago on Wednesday that the state could balance its budget without ...

Illinois Budget Crisis 2010: Civic Federation Says Only Big Tax Hikes Can Fix 'Horrific' Budget Problems

Posted 05.25.2011 | Chicago

Are massive tax hikes coming to Illinois? A government watchdog group says if the state wants to "become solvent," tax hikes and $2 billion in budget ...

Head Lice or Handguns: Which Concerns You More?

Matt Farmer | Posted 05.25.2011 | Chicago
Matt Farmer

Aggravated assault, gang activity, arson and gun possession. Why won't CPS release data on the number of such dangerous offenses at my children's schools?

Quinn Budget Puts Policy Goals Above Fiscal Crisis Fixes: Civic Federation

AP | Posted 05.25.2011 | Chicago

SPRINGFIELD, Ill. (AP) -- A respected civic group announced its opposition to Gov. Pat Quinn's budget proposal Monday, saying the plan would take more...