Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)
MishTalk
APRIL 1, 2015
Among other things, she handles the structuring and sale of bonds for schools across the state. The Corporate Fund is Chicago’s general operating fund. Chicago’s property tax revenues do not go into its general operating fund. There has been a structural gap in Chicago’s Corporate Fund budget since at least 2003.
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