Chicago Faces $306M Budget Shortfall in 2023: Chicago’s Budget Director – WTTW (Chicago)

That's approximately $561 million less than the deficit Chicago’s top financial official warned members of the Chicago City Council they would have to deal with unless they quickly approved a Chicago casino.
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Marko
3 years ago

Can’t we just start firing all these mopes already? Half of city hall could be wiped out and you wouldn’t even notice. Keep the cops and firemen, outsource streets & sans, electric and forestry with a competitive non-union bid. Billions saved and work would actually get done.

Lions Choice
3 years ago

FAILED CITY ALERT: Even After Billions Of Biden Bailout Boondoggle Bucks, Lightfoot Still Can’t Balance City Budget  

The Paraclete
3 years ago
Reply to  Lions Choice

Most of the city administration have no idea where the money goes. Half can’t read or construct a financial spread sheet, no it’s not a bedding enhancement!

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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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