Chicago’s New Zoning Chair on Top Priorities, Megaprojects: ‘Chicago Is Open for Business’ – WTTW (Chicago)

Said Ald. Gilbert Villegas: “What’s really causing the affordability issue is supply and demand, and what we need to do is make sure that we’re getting projects done quicker. … My goal is to really focus on cutting the red tape, getting projects completed quicker, allow for predictability and more transparency.”
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Free at Last
20 hours ago

Is this the Chicago equivalent of Kathy Hochul’s, “hey come back, we need your tax money.”

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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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