Corporate fund’s structural deficit — not Brandon Johnson — to blame for city's financial woes
As Chicago enters an election season, debate continues over the city's financial health, with some pointing to a structural deficit in the corporate fund rather than mayoral policy.
Chicago’s political season is hitting full swing, with the mayor’s office, as well as all 50 aldermanic seats, up for election. This means the airwaves will be inundated with charged rhetoric, hyperbole and the all-time favorite political activity: finger-pointing. Amid that cacophony, Mayor Brandon Johnson will be introducing his fourth corporate fund budget proposal for the city.That’s vitally important because the corporate fund is Chicago’s primary operating budget. It covers the core…
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