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Annette C. Guzman, is a transplant from Cook County Assessor Fritz Kaegi’s office, where she served as Chief Administrative Officer. Her appointment will have to be approved by the Cook County board. Before her time at the assessor’s office, Guzman was deputy chief administrator and chief of staff at the Chicago Civilian Office of Police Accountability. She is a University of Chicago Law School graduate and practiced finance law in Sidley Austin’s Chicago
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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In a bureaucracy, it doesn’t matter if you’re a University of Chicago graduate or a University of Podunk graduate. In general, bureaucratic jobs don’t require a high level of intelligence. In this case, what matters is whether the budget director will use taxpayer funds ethically, wisely, etc.
This is Crook County. The definition of “ethically” is not the same in Crook County as it is in your dictionary.