Millions in loans to replace lead pipes pumping water into Chicago homes remain unspent – Chicago Sun-Times

The city was mandated by state and federal law to send out notifications that its drinking water could be unsafe to about 900,000 renters, homeowners and landlords by last November. As of early July, the city had only notified 7 percent of its list. “We just found out we’ve got hundreds of millions of dollars sitting somewhere with nobody doing anything,” Ald. Raymond Lopez said.
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Old Spartan
7 months ago

You just can not overstate the magnitude of the incompetence of these clowns. Even a program designed to do some good for the little people is a disaster.

Giles Caver
7 months ago

The city that works.

Ataraxis
7 months ago

Unspent money?
We must find this disloyal enemy of the State and meet out justice!
Such behavior against the Fatherland cannot be tolerated!

Hello, Indiana!
7 months ago
Reply to  Ataraxis

Either spend the money for its intended purpose or quit begging for more.

Deb
7 months ago

Could it be that they’re not spending it on replacing lead pipes so that they can divert the money elsewhere?

Fullbladder
7 months ago

Money is fungible; particularly in Chicago.

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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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