The Tribune has finally gotten on board the TIF Abuse train with an editorial today about our "flat broke take-a-furlough-day" city sitting on over a billion dollars of tax money, and not telling anyone how it'll be spent... or any details at all. Read "It's OUR Money" and know that if you donated to Fix Wilson Yard, you helped this happen.
Desperate times call for desperate measures. To bridge a $520 million deficit in the 2010 budget, Mayor Richard Daley says he'll cut 220 vacant jobs, require city employees to take unpaid furlough days and tap into the reserves set aside in last year's parking meter lease deal.
At the same time, Daley is quietly moving forward with plans to spend hundreds of millions of property tax dollars on projects he refuses to discuss publicly.