Mayor Lightfoot struggles to find votes for property tax increase, and has herself to blame – Chicago Sun-Times*

"The bank of good will is running on empty for a mayor who used her inaugural address to portray the City Council as corrupt, raced back to City Hall to issue an executive order stripping aldermen of control over licensing and permitting and used her first council meeting to humiliate indicted Ald. Edward Burke (14th)."
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Eddie
5 years ago

Lori sucks! ☹️

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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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