Mayor Emanuel delivered his view of Chicago’s fiscal future Wednesday: He presented his 2012 budget to Chicago’s City Council. In order to close a deficit expected to run over $600 million, the mayor utilized a number of different tactics.
After School Matters is practically a household name in Chicago. It's the city's premier afterschool program, founded 20 years ago by former first lady Maggie Daley. It offers needy high school students apprenticeships—20,000 of them this year alone.
While the sound of leaves crunching underneath may soon fill the air, one of September’s big activities has been number crunching. Chicago’s Inspector General issued a report suggesting ways the City could boost revenues and trim the fat, and Mayor Emanuel’s budget is expected in a couple of weeks.
Cook County board president Toni Preckwinkle reported Tuesday that the county's falling short of its goal to trim budget costs.Almost 360 employees have been laid off this year, instead of the 500 that County Board President Toni Preckwinkle asked for in March.
Just in time for budget season, Chicago’s City Hall watchdog agency is putting forth more than $2.8 billion in spending cuts and revenue hikes – from imposing a city income tax to charging tolls on Lake Shore Drive to privatizing trash collection – in order to ease a massive budget deficit.In his la
The headline on the Cook County budget website reads: "The Cook County 2012 budget: How did we get here?"And "here" includes an estimated $315 million dollar shortfall, which roughly equates to 10% of the county's total annual operating budget."
Mayor Emanuel got a second helping of public opinion on the city budget Wednesday night. The mayor held two town halls this week; he asked constituents for ideas to close the city’s estimated $635 million deficit. Much of the red ink on the city’s balance sheet bled over from the
It’s hard to take the embarrassment factor entirely out of public events: That may be a lesson for the new Emanuel administration after Monday night’s budget town hall meeting. The gatherings take place every year; they give residents a chance to tell the mayor their priorities.