This report is referenced in the Reuters article above. Comment: Only goes through 2013 and shouldn’t surprise anybody. Wish they would, instead, do a comprehensive look at the last city financial statements and budget.  

Chicago tied Detroit for having the weakest fiscal trends among 13 major U.S. cities, according to an analysis released on Wednesday.

Comment: You know the day of reckoning must have already past when even Huffington Post prints a story like this.

In essence, those who don’t qualify for a break under Emanuel’s plan could be hit with a double tax whammy. First, they have to bear the cost of a higher tax. Second, they have to pay a little more on top of that to make up for tax breaks Emanuel wants to give to homeowners.  What’s more, the mayor’s plan has broad impact on tax bills because doubling the homeowner’s exemption would apply to more than just levies earmarked for City Hall. The losers in any tax burden shift would also have to pay more for other citywide public bodies,