Aldermen Approve Regulatory Relief Measures For Businesses To Help Offset COVID Costs – CBS2 (Chicago)

Approximately 1,000 sidewalk café permits will be extended until June 1, 2021, allowing sidewalk cafés to continue operating through the spring without having to renew their licenses. The city also will continue to reduce sidewalk café permit fees by 75%.

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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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