With the focus on the coronavirus, Lightfoot opts for bare-bones capital plan – Chicago Sun-Times

A $100 million capital plan — bankrolled by an existing line of credit — will pay for new vehicles, sidewalks and the treasured aldermanic menu program. Normally, the city issues general obligation bonds backed by property taxes to cover a more sweeping capital program. But these are not normal times.
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debtsor
6 years ago

When you realize you’re in a hole, STOP DIGGING!

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