Another day, another local public sector budget deeply in the red. This time it's the Chicago Park District's turn. As the Sun-Times reported on Monday, the district is facing a $22 million budget gap in what's expected to be an estimated $400 million spending plan for next year. The district is considering fee hikes, employee furlough days, and delaying projects to close the shortfall.
Quietly, the race for Illinois Comptroller has been the most
substantively interesting of all the statewide races this season.
Republican candidate Judy Barr Topinka launched her campaign with an unusual message:
Illinois should merge the positions of State Treasurer and Comptroller
into one financial office. It's a move for which the Democratic
nominee, David Miller, has also voiced support.
A new report finds that federal resources to address the home foreclosure crisis aren't commensurate with the need and argues for using Chicago's TIF dollars to convert foreclosed properties into affordable housing.