Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)
MishTalk
APRIL 1, 2015
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. From 2003 to 2012, these projects have ranged from $54.2 public safety and trash collection).
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