Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)
MishTalk
APRIL 1, 2015
Among other things, she handles the structuring and sale of bonds for schools across the state. For the sake of comparison, Chicago has around $7.2 It is not a balance sheet test, but a cash flow test. First let''s go over Culpepper''s background. Chicago’s property tax revenues do not go into its general operating fund.
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