Chicago Bets on Big Events and Hotel Revenue to Plug Deficit – Bloomberg

Chicago Mayor Brandon Johnson is counting on tourists and residents spending more to have fun, take ride shares and stay in hotels to help plug a half-billion-dollar deficit in next year’s budget.
3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Old Spartan
7 months ago

Even a rudimentary review of “special event” revenues and hotel tax revenues in the past makes it clear the collections from those sources will never get anywhere near what these amateur public officials are hoping for. That budget will blow up six months into the fiscal year, if not sooner.

GM
7 months ago

These clowns might as well be shilling for “Sunny and Carefree Beach Holidays in the Paradise of Gaza”, lol…

fed up neighbor
7 months ago

Keep betting, guess what you come out a loser.

Last edited 7 months ago by fed up neighbor

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE