Chicago Faces $220 Million Shortfall in 2005, Officials Warn

Shields, Yvette
August 2004
Bond Buyer;8/2/2004, Vol. 349 Issue 31938, p3
Trade Publication
Reports on the prediction for a budget deficit for 2005 of Chicago, Illinois. Contribution of an increase of employee costs and sluggish tax collections; Efforts of the city government to look at ways to cut the budget through management efficiencies; Need for the government to close out the deficit before Mayor Richard Daley proposes a budget.


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