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Chicago Shows Fiscal Soundness from Tax Revenue and Daley
Chicago appears financially stable due to tax revenue streams and Mayor Richard J. Daley's long tenure. The article contrasts Chicago with New York City, noting Chicago’s independent boards manage schools hospitals and transit, helping avoid New York’s banking and budget crises. It cites a 14 million budget surplus in 1974 and forecasts for 1976, while acknowledging concerns about tax base erosion and Daley’s eventual departure.
MENTIONED IN THIS ARTICLE
Chicago
York
Marncial Criss
New York
Wwe
Newis
Richard J. Daley
Eared Sie of
Ataloe Court
Inols ‘Aw
Daley
Fitchard Rosett
Graduate School of “Business
We City
Chiago
maveHek
Daniel Walker
Minais General Assembly
New York City
Naley