How New York-style downtown congestion pricing would look in Chicago – NBC5 (Chicago)

Chicago already has a congestion tax of sorts that went into effect in January 2020 that applies to rideshare vehicles. It adds upwards of $3.00 to fares in a zone bounded by North Avenue, Roosevelt Road, Des Plaines Avenue, Ashland Avenue and the North Branch Canal. The program also helped close an $838 million budget deficit.
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debtsor
1 year ago

Please, Chicago, give me more reasons to stop coming downtown for work and leisure.

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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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