Former Chicago Ald. Richard Munoz indicted on fraud charges – Illinois Policy

The 16-count indictment against the former 22nd Ward alderman stems from a series of transitions during 2016-2019 between political campaign funds from the Chicago Progressive Reform Caucus (CPRC) and Citizens for Munoz (CFM) and Munoz’s personal accounts.

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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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