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.
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Old Spartan
2 years 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
2 years ago

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

fed up neighbor
2 years ago

Keep betting, guess what you come out a loser.

Last edited 2 years ago by fed up neighbor

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