money questions
And There it is....
The "Death Spiral" has become painfully visible , even to those willfully blind: Cook County taxpayers are outraged after property tax bill…
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money questions
Chicago Flush with Cash
One of our favorite quotes about democrats in government: “We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-d…
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money questions
Aspiring Actresses and Actors to Starve
We had to sort through an inordinate number of comments in the "Economic Disaster Coming" post where we pointed out that most elected offic…
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money questions
Nickel and Diming Businesses
Not content with having the citizens pay for years worth of mismanagement, Shortshanks squeezes businesses. From a reader named Juvy Probation: I re…
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money questions
Moody Downgrades CPS
An explanation as to why the CPS was allowed to raise property taxes the maximum allowed by law : Officials at the Chicago Public Schools acknowledge…
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money questions
Double the Overtime
We guess this means VRI is here to stay....and expand : Mayor Rahm Emanuel's 2014 budget more than doubles the amount initially set aside for pol…
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money questions
Feeling the Pinch
Anyone else noticing a lot less taxpayers around? If the middle class seems like it's under siege, well, that's because it is. Across the Ch…
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money questions
$93 Million in OT
Where do they keep getting this money? Chicago police officials said at a City Council budget hearing today that the city will spend $93 million in …
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money questions
Illinois Broke...
But there's plenty of money to pay to move Archer Daniels Midland corporate headquarters from Decatur to Chicago: Illinois is one step away from…
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money questions
Get Back in School
Something tells us these kids aren't smart enough to protest anything: The idea for the protest started with a group of five high school friend…
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money questions
Here Comes a Fight
Expect a Teachers' Strike if this keeps going this direction : Chicago Public School principals late last week received long overdue budgets pac…
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money questions
Once Again, A Budget Shortfall
Just like Prickwrinkle spending $200 million she hadn't collected (and had no realistic chance of collecting), Rahm just did the same thing : The…
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money questions
Another Billion Here
CPS school pensions drive deeper into insolvency: Less aggressive investment return estimates have carved an additional $1 billion hole in the severe…
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money questions
Tax the Bikes!
Speculation here and elsewhere is becoming reality.... or an attempt is being made : Mayor Rahm Emanuel's vision of Chicago as a bike-friendly me…
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money questions
Another Money Shortage
Not only has the lottery company missed projected revenue targets (each of which was used in the Illinois budget), but now it turns out they haven…
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money questions
Quick Hits
A "Special Edition" of Quick Hits. Daley looks to completely bankrupt Chicago : Like a poker player who has gone all in on a bet that'…
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money questions
Here a Tax, There a Tax
Everywhere a tax tax : When Mayor Rahm Emanuel asked aldermen to share their cost-cutting and revenue-raising ideas with his budget director, some C…
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money questions
Schools Make Cuts
In order to pay for the negotiated raises, they finally found fat to trim : Chicago Public Schools said Friday it will pay for this year’s teacher ra…
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money questions
Again, Nothing Learned
You'd think that after the bottle-water-tax debacle, someone at City Hall might have pointed out how much money was lost. Nope : It looks like a …
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money questions
More Debt for CPS
Another billion plus: Chicago’s newly constituted Board of Education voted unanimously Wednesday to authorize up to $1.2 billion in long-term bonds …
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