Mag Mile SSA Would Help Repair Downtown’s ‘Tarnished’ Reputation After Looting, Advocates Say — But Will It Happen? – Block Club Chicago

Typically, the city requires a lengthy application process to establish a new SSA that can span two years. But the planning department waived certain requirements, including gathering support signatures from at least 20 percent of affected property owners, to accommodate the expedited timeline.

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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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