COVID-19 Surge ‘Could Hinder’ Chicago’s Economic Recovery, Financial Officials Warn – WTTW (Chicago)

Even as tax receipts show that the city’s hospitality industry has yet to rebound from the pandemic, Chicago collected 6.5% more revenue through July than it expected, driven by taxed generated by Chicago’s red-hot real estate market
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The Paraclete
4 years ago

I don’t think it’s COVID-19. People just feel being murdered is undesirable!

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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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