Press Detail

City studies options for $655 million budget hole

Posted on August 11, 2010

Chicago Tribune

This article explores the challenges Mayor Daley faces in filling the City of Chicago’s $655 million budget gap. One of the options being considered involves using proceeds from the City’s recent privatization deals. The Civic Federation says using those funds to fill a budget hole is unwise and that the City should restructure and reprioritize its services instead.