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John Heiderschedit, Criminal Defense Attorney; Subscription Lawyer; Chicago Lawyer

municipal finance

Money Moved, Answers Delayed: Inside Sauk Village’s Financial Oversight Failures

Two separate Attorney General opinions found violations of the public's right to understand and participate in village meetings. #saukvillage

Should Water Be Free?

Water has to be treated, tested, and pumped through miles of underground pipes before it reaches your home. #water

Sauk Village Trustees Question Water Fund Transfers Amid Budget Shortfall

Officials discussed several possible responses to the budget gap, including spending reductions across departments, closer review of vendor contracts and consolidation of telephone services. #saukvillage

Willie Wilson Urges Council to Reject Johnson’s Head Tax, Warns of Threat to Chicago Jobs

Johnson’s proposed 2027 budget would impose a $25 monthly tax per employee on companies with more than 125 workers. The measure is expected to generate approximately $100 million annually as part of the mayor’s $17.6 billion spending plan. #chicago #mayor #business #williewilson #election

The Ribbon Cutting Is Today. Who’s Paying for It 10 Years From Now?

Businesses fail. Markets change. Companies change direction. But that's exactly why communities negotiate development agreements. #business #development

Cook County Unveils $9.69 Billion Budget, Absorbs $550M Deficit Without Tax Hikes

County officials attributed the balanced proposal to 15 years of fiscal discipline, which allowed local government to absorb severe external financial shocks, including federal funding rollbacks and court-ordered revenue freezes. #cookcounty

Chicago City Council Approves Revamped Parking Meter Deal With Stonepeak in 46-3 Vote

Aldermen voted 46-3 Tuesday to approve the transfer of Chicago Parking Meters LLC to New York-based infrastructure investment firm Stonepeak Partners, clearing the way for a $2.53 billion transaction after months of negotiations over concessions for the city. #parking #chicago

Civic Federation Criticizes Chicago Board of Education Over CPS Budget Amendment

In a statement released Thursday, Civic Federation President Joe Ferguson said the board's decision departed from sound budgeting principles by relying on speculative revenue to balance the district's finances. #cps #budget #chicago

New Illinois Law Gives Municipalities More Flexibility to Transfer Business District Funds

"This law will provide municipalities with the flexibility to address the needs of its communities and support local projects," Joyce said. "I would like to applaud the collaboration between my office and local Bourbonnais officials that led to this bill being signed into law." #municipalities #patrickjoyce #senatebill

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

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