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municipal finance

Aldermen say mayor fails to collect revenue he opposes

The city has collected none of the $131.7 million total projected for sale of debt, advertising, augmented reality and video game licensing. #centersquare #alderman #chicagomayor

Civic Federation Says Chicago Pension Law Will Add Billions to City’s Long-Term Costs

According to the Civic Federation, the legislation is projected to increase required city contributions to the Police and Fire pension systems by approximately $8.4 billion between 2025 and 2055, representing about $1.7 billion in present value. #pension #civicfederation #chicago

Pekin Data Center is ‘done’

The intended site was located at 3528 Edgewater Drive.

Structural Flaws Drive Unequal Property Tax Burdens, Cook County Official Says

One of the key reforms being pushed is the creation of a countywide assessment manual with binding standards. #cookcounty #propertytax #

Holly Kim: A Commitment to Fiscal Responsibility and Transparency

As the current Lake County Treasurer, Kim has cultivated a reputation for her innovative approach to public finance, making her a compelling choice for the Comptroller’s office. #comptroller #election

Chicago mayor refuses to sign or veto budget at ‘not a campaign event’

The mayor repeated his opposition to a debt collection measure in the council-approved budget, which allows the city to sell city debt to private collectors. #budget #chicago

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