| Jun 21, 2015
| 10:21 AM
This month's scramble by Chicago school officials to find enough cash to pay the bills is the result of "an appalling situation" years in the making — a cascading financial crisis that could hit classrooms this fall when nearly 400,000 kids return...
| Jun 19, 2015
| 3:00 AM
As Chicago's youth violence made national headlines, Mayor Rahm Emanuel and business leaders in 2013 launched what they called a game-changing initiative to quell the bloodshed.
With prominent executives at the helm and a goal of $50 million in...
| Jun 15, 2015
| 2:14 PM
The stage is set for the City Council to approve $1.1 billion in long-term borrowing after the Finance Committee on Monday approved Mayor Rahm Emanuel's plan for the largest bond issue of his tenure.
About $383 million would be used to complete Emanuel's...
| Jun 12, 2015
| 3:42 PM
The city is poised to pay $3 million to settle lawsuits over two fatal shootings by Chicago police, including one by an officer who later took his own life shortly after a deposition in the case.
Mayor Rahm Emanuel's City Hall lawyers are proposing the...
| Jun 11, 2015
| 5:32 PM
Mayor Rahm Emanuel's cash-strapped City Hall is preparing to borrow $1.1 billion to complete his debt restructuring plan, pay off a major court judgment and cover police back pay, among other costs.
The move — the biggest round of borrowing...
| Jun 9, 2015
| 2:00 PM
An offer price of $150,000 isn't enough when it comes to a piece of Park Ridge city-owned property.
That is the belief of elected officials who want the city to hire a real estate broker to help sell the Park Ridge Fire Department's former...
| Jun 8, 2015
| 6:36 PM
In what seems like a common-sense approach to a growing problem, Cook County Sheriff Tom Dart wants the state comptroller to create and publish online a financial watch list of Illinois municipalities in "distress."
State Sen. Bill Cunningham, D-...
| Jun 7, 2015
How desperate is Mayor Rahm Emanuel for cash to feed a ravenous City Hall?
Let's have reader Charles V. Cerny, a retired suburban schools groundskeeper, answer this one.
Cerny wrote to me about a bizarre notice he received from the city of Chicago's...
| Jun 5, 2015
| 3:00 AM
Last week, Spike Lee was around town filming his movie about violence in Chicago, provisionally titled "Chiraq," or maybe "Chi-raq." And Chicago's politicians, opinion leaders and many citizens remain deeply conflicted about how to respond....
| Jun 4, 2015
| 10:48 AM
We do not need another Bush in the White House. I am Republican, and I will never vote for another Bush. We don't need Hillary Clinton because we don't need another Clinton. We need somebody with fresh ideas and not old ideas. We need somebody like...
| Jun 3, 2015
| 3:04 AM
If the Barack Obama Presidential Center is built in Washington Park, the city envisions a walking community, where visitors would step off a CTA Green Line train and stroll along decoratively landscaped sidewalks, lined with pedestrian scale lighting...