Remove 2009 Remove Balance Sheet Remove Cash Flow Remove Industry
article thumbnail

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

MishTalk

Guest Post I mention the above to prove Culpepper is highly regarded in the industry. The Metered Parking System reserve funds were established in 2009 in the amount of $1.15 From 2009 to 2011, the city used $320 million from the Metered Parking Reserves. It is not a balance sheet test, but a cash flow test.