City Budget Briefings Reveal Tax Plans And Budget Gap Expectations October 16, 2017 By A.D. Quig - City budget plans provided to selected aldermen and advocacy groups by members of Mayor Rahm Emanuel’s administration over the last two weeks indicate plans to increase amusement taxes for larger venues, a possible increase in rideshare fees, and expected savings

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City Council Approves New Borrowing Tool October 12, 2017 By Claudia Morell - In a divided roll call vote of 43 to 5, the Chicago City Council authorized the creation of a new, independent finance authority to issue debt on the city’s behalf. The ordinance takes effect immediately and authorizes the first round of borrowing, up to $3 billion in bonds secured by city sales tax revenue.

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The Violence of Poverty in the Absence of Lawmakers October 12, 2017 By Rae Hodge - Within 34 minutes of convening the Economic Justice & Equity Committee Wednesday morning, Rep. Litesa Wallace (D-Rockford) found herself the only member of the Illinois House of Representative who could make the time to hear testimony from some of the state’s most vulnerable populations, women trapped in poverty.

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ACA Repeal: What Illinois Stands to Lose

The potential repeal and replacement of the Affordable Care Act is as much about municipal budgets and economics as it is about the individuals who rely on it for coverage. Federal Medicaid reimbursements, newly created preventive care grants, and financial incentives have been a boon for hospitals and health centers across Illinois. In this special episode of The Aldercast, we take a deeper dive into this topic to explain what the healthcare landscape was like in Illinois before the ACA, how it changed, and what it has to lose from a potential repeal.

 

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This week on The Daily Line’s Aldercast, Publisher Mike Fourcher sits down with three City Hall insiders to talk about what’s coming down the pike with Mayor Rahm Emanuel’s 2018 budget, set to be released Wednesday Oct. 18. They discuss

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