Results tagged “robertfioretti”

Breaking The Bank: Daley Slashes For 2010 Budget

We're a short time away from hearing all about Mayor Daley's budget for 2010 - hint: it won't be pretty! - and Daley continues to slash at the budget like Jason Voorhees so that he can avoid raising taxes to help fill a budget gap in the neighborhood of $500 million. Items have been trickling out in the days ahead of his presentation to the City Council and now we've got a clearer idea of what's going to be cut. We already know that the city's non-union workers will be asked to take nearly five work weeks worth of furlough days (24 to be exact), that there will be no cost of living increases in wages, and at least three more reduced services days. Daley has also suggested that while money from the Skyway lease will remain untouched, he could borrow heavily from the parking meter lease to help cover the budget gap.

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