City Finances And Climate Change: Two Big Issues For Chicago’s Next Mayor
Springfield kept kicking the can down the road. That can is payments into the pension system for city workers.
Now that can is more than 10 times the size it used to be. And there are few options besides raising property taxes to fund the system.
Ralph Martire of the Center for Tax and Budget Accountability lays out exactly how we got here, and some suggestions for getting us out.
Plus Mayor Emanuel recently unveiled a new project that would make the city more energy efficient.
We discuss it with Karen Weigert, senior fellow at the Chicago Council on Global Affairs, vice president at Slipstream and former chief sustainability officer for the City of Chicago