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Results tagged “budgetcrunch”
Budget Cuts Could Affect HIV Treatments in Illinois

Budget Cuts Could Affect HIV Treatments in Illinois

The budget deficits states are facing is leading to some tough decisions as to where to spend funding. Among many programs that could be adversely affected are HIV treatment programs, including here in Illinois. more ›

Another One Bites The Dust: City Cancels Annual July 3 Fireworks

Another One Bites The Dust: City Cancels Annual July 3 Fireworks

Another popular city event has been trimmed thanks to the City's ongoing budget crisis. The annual July 3 fireworks that accompany the Taste of Chicago will not happen in 2010, Mayor Daley's office announced today, citing budgetary concerns. Instead, the city will hold 3 separate fireworks displays on July 4: one at Navy Pier and one each at a TBD location on the North and South Sides. more ›

KFC's Next Marketing Ploy

KFC's Next Marketing Ploy

That Colonel Sanders is a wily advertising pitchman. Remember almost a year ago when fast-food chain KFC offered to pay for pothole repairs in several cities, including Chicago, in exchange for the rights to display their logo on the repair? Pretty crazy, huh? In fact, a few cities took them up on the offer. And now KFC is pitching more towns - including a few in Indiana - on helping them pay for new fire hydrants and fire extinguishers in public buildings. The catch? Putting the KFC logo on the new hydrants. One might question the good taste of advertising "fiery" chicken wings on fire hydrants and extinguishers, but the two cities - Indianapolis and Brazil - are receiving $7,500 for the deal. Maybe KFC can get in on the whole CTA station sponsorship idea we keep hearing about. more ›

Top 9 Of '09 - No. 3: The Parking-Meter-Budget-Crunch-Recession Blues

       

This week, we're counting down the top 9 stories of 2009 according to the Chicagoist staff. more ›

Financial Fail: Illinois Among States in "Fiscal Peril"

Financial Fail: Illinois Among States in "Fiscal Peril"

Whether we’re hanging our heads at Chicago’s Olympic fail, shaking our fists at our state’s budget woes or rolling our eyes every time our former governor appears on a talk show, Illinoisans could at least take comfort in the platitude “it could be worse - we could be California.” Not so fast, says a new Pew Study. In a report titled “Beyond California: States in Fiscal Peril,” Illinois is rated one of the nine states “most like California,” meaning we’re teetering on the brink of fiscal ruination. more ›

Details Of State-RTA Deal Revealed

Details Of State-RTA Deal Revealed

We mentioned yesterday morning the deal struck between the RTA and the state of Illinois which would provide enough funding to prevent a fare hike at the CTA for the next two years but wouldn't prevent the $90 million in service cuts originally proposed by the CTA. At a press conference yesterday, we got some of the details of the deal. Well, "deal" is a loose term as you'll see. The move isn't so much eliminating the CTA's debt as it is slightly reducing and really prolonging it. The Tribune breaks down the deal like so: more ›

Government Must Own Chicago Casino, Daley Says

Some officials believe building a land-based casino could provide help during Chicago's financial crisis but Mayor Daley has some reservations that must be met first. more ›

Quinn To Transit: No Fare Hikes In Exchange For State Aid

Quinn To Transit: No Fare Hikes In Exchange For State Aid

Today Gov. Quinn called on the CTA and Metra to not raise fares in exchange for state aid. Meanwhile, with just a little over 24 hours left in the fall session, state legislators are considering a bill that would cut back on those free senior rides that Blago forced the CTA to institute. The new bill would set a threshold that only those seniors who earn below a yearly income of $22,218 would qualify for free rides. As the Trib points out, though, Quinn didn't say if he would refuse to sign this new legislation should the CTA and Metra raise fares anyway. more ›

Blue-Cart Recycling Slowed in Proposed City Budget

Blue-Cart Recycling Slowed in Proposed City Budget

Blue-cart recycling is still over a year away for 359,000 homes without service under Mayor Richard Daley's proposed 2010 budget. In 2008, the city launched a switch to the blue-cart recycling program from the old blue-bag method that was supposed to be completed by 2011. Now, a little under half of Chicago's 600,000 homes with city garbage services are also part of the city's blue-cart recycling program. The city council has also talked about also delaying pickup of the carts in some households that already have the program from every other week to every third week. more ›

Blowing The Whistle On Tax Cheating Businesses

Blowing The Whistle On Tax Cheating Businesses

The City of Chicago is short on cash and they're looking for anyway to recoup some money, even if it means encouraging citizens to do some fiscal policing for them. Mayor Daley's 2010 budget includes something called the "Tax Whistleblower Program" which sets aside cash rewards for those who turn in businesses that are known to be tax cheats. And what will your reward be if you turn in a cheating business like so many of Joey Greco's victims? Initial plans are for a certain percentage of the amount recovered but it's still being tweaked. more ›

A Casino for Chicago?

A Casino for Chicago?

With the sobering news of Mayor Daley's budget apocalypse beginning to sink in, some in the city council are looking at a Chicago-based casino anew. "All one has to do is drive through those parking lots in Northwest Indiana and see all the Illinois plates,'' Alderman Edward Burke told the Sun-Times. "If those folks are gonna lose their money, they might as well lose it in Chicago." Alderman Leslie Hairston put it more succinctly: "We've got to do something to generate some revenue." more ›

Welcome To The CTA, Brought To You By Coke!

Welcome To The CTA, Brought To You By Coke!

Facing a deep budget gap of its own, the CTA is making moves to earn a little cash. One way it's doing so is by re-upping a deal with soft drink maker Coca-Cola. The deal, which will net the CTA around $1.4 million over the next five years, means Coke is the exclusive provider of all drink vending machines at CTA stops. According to a press release by the CTA: more ›

CTA Delivers Layoff Notices

With bus services slashed under the CTA's new budget proposal, CTA bus drivers made up a large chunk of around 2,000 CTA employees who received layoff notices in the mail. The jobs will be laid out over the next two months as the transit authority prepares for a budget shortfall of nearly $300 million. [Sun-Times] more ›

Daley Puts Pay, City Services on the Chopping Block

Daley Puts Pay, City Services on the Chopping Block

Sticking to his vow not to increase taxes to close next year's budget deficit, Mayor Daley announced on Monday a portion of his plan to save millions of dollars in city spending next year. That includes 24 furlough days for city non-union workers (that's five weeks off, the equivalent of a 10 percent pay cut), no cost of living increases and three reduced service days. “The economic recession that has plagued our nation for well over a year continues to affect most of Chicago working families,” Daley said at a City Hall news conference. “I understand that times are still tough for people and I don’t feel right asking them to pay for more city government right now,” he said. more ›

CPS Make Cuts in After-School Tutoring

Chicago Public Schools cut after-school tutoring for less than half of the children who applied for the service, according to Chicago Breaking News. more ›

Transitpocalypse! Update

Transitpocalypse! Update

While we wait to see if the CTA will indeed make good on its threat to raise fares and cut services in an attempt to close a budget gap numbering in the hundreds of millions of dollars, at least one high-ranking government official is ready to do his part. With the RTA already supporting such a measure, Gov. Pat Quinn is also giving some thought to repealing the free CTA rides for senior programs infamously instituted by then-governor Rod Blagojevich. Speaking to WGN Radio today, Quinn supported the idea of reviewing program and possibly altering it to offer free rides to veterans, active military, and seniors whose income falls below a certain threshold. Said Quinn: more ›

CTA Outlines New Budget, Fare Hike Proposals

CTA Outlines New Budget, Fare Hike Proposals

As regular as the first frost of the season, so, too, does the oncoming winter also bring another tradition of recent years: a proposed fare hike from the CTA. Say what you will, at least it's not another Doomsday Prophecy. The CTA is still trying to close that pesky budget gap that may go as high as $300 million and they've outlined a new list of proposed fare hikes in a plan that was printed as an ad in today's Chicago Tribune. In addition to the fare hikes, the CTA is also proposing for a cut in service, mainly in the form of cutting back hours and nixing a few express bus routes. more ›

Daley Upbeat in Spite of Olympic Loss

Daley Upbeat in Spite of Olympic Loss

In his first local press conference since Chicago lost its bid to host the 2016 Summer Olympics, Mayor Richard Daley declared that he would pay no political price for the loss, "none whatsoever." “You wrote my obituary, didn’t you? Some of you have, I guess,” the mayor told the press. “I don’t know why you already put me in the grave,” he said. “I know you’re all planning on it, don’t worry,” he said, after asking that we at least run a nice picture of him. more ›

Public Library Branches Get Hours Pruned

Public Library Branches Get Hours Pruned

In an ongoing effort to control costs and contain the city budget, the Chicago Public Library system is working on a plan to reduce hours at 76 branches this winter. The cuts will reduce the hours that libraries are open, Monday through Thursday, but will not impact the three main libraries: the Harold Washington library downtown, Sulzer on the North Side, and Woodson on the South SideMost branches are open from 9 a.m. to 9 p.m.. Under the new plan, which is still being worked out, branches would open no earlier than 10 a.m. and close no later than 8 p.m.; hours would be staggered amongst branches. more ›

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