Civic Federation Report Details Key Fiscal Challenges and Path Forward for City of Chicago in FY2025 – Civic Federation

“Federal pandemic era money papered over a long-building fiscal cliff in City government and adjacent sister agencies,” Civic Federation President Joe Ferguson said. “Rather than using the federal assistance to begin a generationally overdue reset, the City and some sister agencies expanded programs and staffing without identifying sustainable future revenue streams to support them. The wind down of pandemic-era funding is now syncing up with the harsh reality of sharply increased overhead. We knew this day was coming."
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Old Spartan
1 year ago

Well, welcome to the show, Civic Federation. Where have you been the last four years on this topic? Wirepoints has been pounding on this for three years now, and the Civic Fed and other business groups have had their heads in the sand. Great! You finally woke up.

mqyl
1 year ago

Two things are certain in life: death and taxes. In Illinois, four things are certain in life: death; taxes; mismanagement, and its awful offspring, fiscal cliffs.

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