Tag: aldermen

News Roundup: Chicago Inspector General makes controversial cost-cutting suggestions

In a recent report, Chicago Inspector General Joseph Ferguson suggested that the city cut several programs and subsidies to make up for the city’s billion dollar budget shortfall. Some service cuts could include free sewer service for senior citizens and subsidized water and sewer usage by certain nonprofit organizations. Other recommendations include cutting quarterly stipends... Read more »

News Roundup: Weis to move officers to high-crime areas

Police Supt. Jody Weis revealed plans Tuesday to reassign officers from districts with low crime to neighborhoods with high levels of crime. His statements drew criticism from 38th Ward Ald. Tom Allen, as well as some concerns from North Side residents afraid that criminals will commit more crime in the area knowing fewer police will... Read more »

News Roundup: Daley focuses parts of budget on neighborhood safety, economic recovery

In his final budget briefing, Mayor Daley announced that he will use $38 million in surpluses from the city’s Tax Increment Financing districts to balance the budget. He also noted that spending  will be limited almost exclusively to projects focused on neighborhood safety and economic recovery. More at chicagoreporter.com   Also in the news… Democratic... Read more »

News Roundup: New study shows gap in credit scores between black and white communities

The growing use of credit scores as a screening method for rental apartments, home loans and utilities could create a significant difference in economic opportunity for people with low credit scores due to both the lack of credit history and poor repayment history. This could negatively impact African Americans based on a new study from... Read more »

When will Chicago take on bankers over foreclosures?

The Chicago City Council’s Buildings Committee was back in session today, this time taking up a pretty straightforward question: who is responsible for keeping people out of the thousands of vacant, bank-owned properties left in the wake of the foreclosure crisis? While the phrase “bank owned” seems like a pretty good clue to us, aldermen are... Read more »