CTA Amends FY2020 Budget Due to COVID-19 – Civic Federation

Revenue plunges yet operating expenses increase.
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Governor of Alderaan
5 years ago

How can operating expenses increase when CTA isn’t operating anything?

Poor Taxpayer
5 years ago

Because the can. The taxpayer is here to be Trucked.
If you do not like it leave for a state that is just less bad. They are all Bad, but Illinois takes the cake.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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