Several instances of corruption and mismanagement of public property and trust came to light in March and included new developments in cases involving Chicago Public Schools’ former CEO Barbara Byrd-Bennett and former Gov. Rod Blagojevich.
Creating a tax increment financing district around the Lathrop Homes redevelopment will ensure that 100 percent of property-tax revenue generated on the site will go to a city-run slush fund.
The union’s one-day strike is an illegal, aggressive political power play, and its attempt to coerce its members to participate violates its own constitution. Here’s a breakdown of the timeline, the law and the political statement the union is making.
The Illinois Supreme Court’s overturning of Chicago’s modest pension reform means Chicago faces higher pension contributions, rapidly growing pension debt and an increased risk of total insolvency for its pension funds.
Illinoisans’ confidence in their state government is the lowest of residents of any state in the nation, and corruption stories from February 2016 don’t help.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.