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Chicago's Finances Appear Sound Despite Long-Term Risks
Chicago, the nation’s second largest city, appears fiscally fit with revenue to cover obligations. Daley’s stability and independent tax boards help insulate services like schools, hospitals, and transit from the city budget, yet experts warn of trouble ahead as the tax base erodes and Daley retires.
MENTIONED IN THIS ARTICLE
Chris J. Harper
Associated Press
Chicago
New York City
Richard J. Daley
New York
Richard Rosett
University of Chicago
Graduate School of Business
Daley
Daniel Walker
Illinois General Assembly
Cook Coun
Philadelphia
Boston
Minneapolis