Ernst & Young Report Details Chicago’s Wasteful Spending: It’s Worse Than You Think – Chicago Contrarian

"The EY report, written in dry consultant language, makes clear what most Chicagoans have long suspected: There is massive waste in Chicago government. After all, overall spending (appropriations) has grown by about 40 percent in the past five years, far outpacing the rate of inflation."
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Fed Up Taxpayer
5 months ago

Agree there were a number of good recommendations but reviewing finances for Chicago is kind of like shooting fish in a barrel. Not sure they needed $3 mil to find problems. Ask any taxpayer and start there.

Sweet Home Alabama
5 months ago

Unless you are a first responder i.e. the Chief Of Police a municipal vehicle is treated like taxable income. Hard to report to the IRS when they don’t keep records of who’s driving what and why.

Joseph A Murzanski
5 months ago

No surprise. Two unqualified administrations in a row. It’s like a political wrecking ball has been bashing Chicago for the last five years. Cloning Detroit?

daskoterzar
5 months ago

EY likely did a fine job and produced a report with real actionable recommendations. Many of which could be implemented and changed quickly…if anyone cared. The cost reduction is in the hundred Millions dollar range…and you know there was more, but it was just too damaging to list. Not a surprise really, but when the recommendations are staring The Pinhead in the face and he STILL does nothing? The corruption is to to core.

Tommy Paine
5 months ago
Reply to  daskoterzar

It was a complete waste of money for two reasons.

  1. This could have been done in-house.
  2. They wouldn’t make the cuts regardless if the study was in-house or on the outside.
daskoterzar
5 months ago
Reply to  Tommy Paine

Yep agreed. But many times in government, they need a consultant (someone with a briefcase and traveled more that 50 miles) to tell them what they already know. Some how it is more credible when someone on the outside tells you the house is on fire.

Chercher
5 months ago

“Mayor Johnson is uninterested in savings” is the Democrat Socialist practice in a nutshell. Spend, spend, spend is their motto, there is no other way in their eyes.

Deb
5 months ago

Johnson cannot cut managers because these are political hires. Cut the number of city cares, but that would affect his political hires. Chicago won’t sell off unused property. A deep dive into this a developers would prove interesting. There are companies that will not insure spouses if the spouse is offered insurance at their jobs. Chicago won’t do this because it would be unpopular with city workers. These cuts should be made before tax increases. The time for Johnson’s “gifts” for friends is over.

Tom B
5 months ago

It’s “worse than we think.” Is that even possible?

Tommy Paine
5 months ago
Reply to  Tom B

Don’t dare them.

David F
5 months ago

No it’s probably not worse than I think, unless they started buying coke for the members on their junkets, but then still I could believe it. Mostly woman or they would have also been to E’s Island 😉

Leaving Soon, just not soon enough
5 months ago

Nothing is going to change soon except for higher and higher taxes. Public sector will get more pay and benefits and pensions at a younger age. Shut up and pay your taxes. Expect higher pension contributions and lower services. Pensions contribution and debt service is 40% plus of the budget and growing like a weed. The public sector has gamed the election process, and the taxpayer is the loser.

Fed Up Taxpayer
6 months ago

They probably don’t understand the report – as evidenced by the debt rating on the state’s bonds. Or there is a possibility they can’t read it – if they went to CPS schools. Either way it would help explain the silence.

daskoterzar
5 months ago

Might be true. They may be unable to understand the findings. Saving money is a foreign concept to many of them…

Free at Last
6 months ago

High taxes. Wasteful spending? Where have all these people been for the last 30 years? Or is it important now that they are running out of other people’s money.

Sweet Home Alabama
5 months ago
Reply to  Free at Last

They ran out a long time ago, the city just sold long term GO bonds to paper over the shortfall. The long term debt for the city is terrifying. To paraphrase Mark the numbers just don’t add up.

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