Survey shows Chicago parents want change in the citys education system
Chicagoans are ready for education reform.
4 ways to break out of Illinois’ pension trap
Causes, costs, how to set the state free
View ReportChicago
ObamaCare: truth and (unintended) consequences play out in Chicago
Chicago Mayor Rahm Emanuel may finally do what he and other politicians should have done a long time ago: end costly health insurance benefits paid to city retirees.
Terry Mazany named head of Chicago Public Schools
By Collin Hitt Greg Hinz reports that Mayor Daley has officially named the replacement for the outgoing Chicago Public Schools chief Ron Huberman. The new schools CEO – and probably the last of the Daley administration – is Terry Mazany from the Chicago Community Trust, who will serve in an interim role until the city’s next mayor...
Unfunded Chicago Pensions Total $42,000 per Household
by Amanda Griffin-Johnson Like many state governments, city and county governments across the country are facing huge unfunded pension liabilities. Recently, researchers from the University of Rochester and Northwestern University found that the average unfunded municipal pension liability per household is about $15,000. Unfortunately, Chicago has the highest per household unfunded pension liability of the 50 cities...
Daley Proposes Dipping into TIF Reserves to Balance Budget
by Kate Piercy Mayor Daley went forward with his plans to use TIF reserves in order to “balance” his proposed FY2011 budget, leaving it to his future replacement to tackle the inherent problems that led the city into a deficit in the first place. Balancing the budget is important, but TIFs were not created to be used...
