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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

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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How U.S. Hospitals and Health Systems Can Reverse Their Sliding Financial Performance

Harvard Business

The root cause is twofold: a mismatch between organizations’ strategies and actual market demand, and a lack of operational discipline. MD Anderson Cancer Center lost $266 million on operations in FY 2016 and another $170 million in the first months of FY 2017.

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