Tollway revenue drop reflects how many staying at home during COVID-19 – Daily Herald*

The 2021 tentative budget is balanced and calls for nearly $1.42 billion in spending, with $380 million going to operations and maintenance, $468 million for debt payments, and $567 million for road building and improvements.
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anonymous
5 years ago

Promises unkept. Tollway was only supposed to raise revenue for a short time. That was long ago. I know people who would avoid the toll roads before the coronavirus even began.

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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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