During his campaign for mayor, Rahm Emanuel said he would be cautious about leading the city into privatization deals. But his pick for the city’s chief financial officer comes from a firm that specializes in privatization work.
A letter to the editor by Mayor Daley’s budget chief raises the question: Does anyone in City Hall understand how TIFs work?
Sun-Times: “Chicago has a $519.7 million budget shortfall in 2010” Progress Illinois: “As we recently pointed out, a document released by the city last month shows that Daley’s 150-plus TIF districts ended 2008 with $1 billion in aggregate unspent funds.” Acronym you won’t find in either the Sun-Times’s or the Trib‘s articles on the 2010 […]
Aldermen hold another hearing on the parking meter lease deal. Their conclusion: it still stinks.
Mayor Daley holds a press conference to insist that the parking meter lease deal is “responsible”–and so is he.
In its latest quest for political cover, the City Council discusses considering privatization deals BEFORE they pass–and debates the parking meter lease it approved six months ago.