Each Chicago taxpayer is on the hook for $119,110 worth of unfunded state, city, county and other local government debt. Many of the pensions driving those debts become Lori Lightfoot’s problem on Monday.
A federal corruption charge against Chicago Ald. Ed Burke has led peers to hand control of the $100 million-a-year workers’ compensation program to the city finance department. Burke, who had overseen the program for decades, fought program oversight and staffed it with political allies.
Chicago has seized and sold nearly 50,000 impounded vehicles since 2011, hitching drivers to mounting debts, a recent investigation found. The city’s ticketing laws disproportionately harm low-income residents.
Mayor Rahm Emanuel ordered an audit of the city’s $100 million-a-year workers’ compensation program following Ald. Ed Burke’s resignation as finance committee chair. Burke has long fought program oversight.