To keep the city financially afloat next year, Daley wants to pull $273 million from the city reserves created from long-term leases of the Chicago Skyway and city parking meter system.
Read the rest in Clout Street
Wednesday, November 17, 2010
Alderman expected to defer to Daley on budget vote
The next mayor of Chicago could be left with some tough choices about reorganizing and cutting city services if the City Council votes as expected today to approve Mayor Richard Daley's last budget proposal, one that relies heavily on one-time revenue sources to plug a shortfall of $655 million.
To keep the city financially afloat next year, Daley wants to pull $273 million from the city reserves created from long-term leases of the Chicago Skyway and city parking meter system.
Read the rest in Clout Street
To keep the city financially afloat next year, Daley wants to pull $273 million from the city reserves created from long-term leases of the Chicago Skyway and city parking meter system.
Read the rest in Clout Street
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