The Second City has second worst finances as Chicago gets failing grade in new report – Center Square

The report was done by Truth In Accounting and highlights how big cities in the United States perform financially. Chicago finished 74 out of 75 on the TIA list. According to TIA numbers, Chicago has nearly $11 billion of assets available to pay bills totaling $48.8 billion, creating a $38.2 billion debt liability, which is about $42,000 per resident.
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Pat S.
3 years ago

If you want to wake up Chicago voters, send each of them an invoice for $42,000 with a payment plan and start collecting.

Illinois should do the same thing – that would get voters’ attention.

Poor Taxpayer
3 years ago

Illinois does not have the change of a Nickel; The Chitty of Chicago does not have a penny.
Some of the highest taxes in the country and no money.
Just where is it all going?????????????????????????????????
Overly generous Pensions, overly generous Pensions, overly generous Pensions, overly generous Pensions, overly generous Pensions, overly generous Pensions.
There is a HUGE PENSION TIME BOMB going off. Run for your economic life.

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