It turns out that lovely Christmas tree that adorns Daley Plaza comes at quite a price. CBS2 calculated that the city spends over $300,000 to buy the tree and to pay the workers to create the frame and assemble the tree. The tree is actually made up of 113 small trees combined, unlike the single (privately-funded) tree that adorns Rockefeller Center in New York City, and it took workers six weeks to hoist the trees into position. more ›

Mayor Richard Daley's chief of staff Paul Volpe by announcing more spending cuts and that more city job cuts will be likely.

The city will try to save $6 million by making a 3 percent reduction in spending on "non-personnel costs like commodities, materials, supplies and services" across city government, said top Daley aide Paul Volpe. more ›