Data-Z News

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Zell warns of ‘disastrous’ situation over rising US debt

OCTOBER 23, 2020 | CRAIN’S CHICAGO BUSINESS | by Lynne Marek

Chicago real estate mogul Sam Zell has a lot of concerns about the U.S. economy in the wake of the COVID-19 pandemic, and he expects markets have only just begun to feel the impact. 

Sheila Weinberg interviews Bobby Rand, a former senior staffer for the New Jersey State Treasurer's office and Local Bond Issuer Manager

OCTOBER 23, 2020 | by Sheila Weinberg

Sheila Weinberg interviews Bobby Rand, a former senior staffer for the New Jersey State Treasurer's office and Local Bond Issuer Manager.

How about, for once, a Chicago budget free of gimmicks?

OCTOBER 22, 2020 | CHICAGO SUN-TIMES | by Ed Bachrach, Sheila Weinberg

The script for the Chicago budget season is well known. The budget office announces the umpteenth annual new and unexpected budget crises.

California Governor Gavin Newsom receives TIA award

OCTOBER 22, 2020 | ECONOMIC POLICY JOURNAL

In other words, it is completely unclear what is the state of California's finances. 

Mayor Lightfoot’s 2021 budget rescued by risky borrowing

OCTOBER 22, 2020 | CHICAGO TRIBUNE

Lightfoot’s budget blueprint for the rest of this year and next year might not look painful to the average Chicago taxpayer. But it relies heavily on expensive borrowing.

City Hall to shift $55 million in costs onto Chicago Public Schools

OCTOBER 22, 2020 | CHALKBEAT | by Cassie Burke, Eric Hegarty

In Mayor Lori Lightfoot’s efforts to close a $1.2 billion gap in the city budget, City Hall will shift more costs onto Chicago Public Schools.

State budget recovers from pandemic

OCTOBER 22, 2020 | MACKINAC CENTER FOR PUBLIC POLICY | by James Hohman

What’s it called if you bail someone out who’s not in trouble?

Top Illinois taxpayers could pay close to 60% marginal tax rates

OCTOBER 21, 2020 | FREEPORT NEWS NETWORK | by Greg Bishop

Some Illinois taxpayers could be paying nearly 60 percent combined federal and state marginal tax rates if Joe Biden is elected president and Illinois voters approve the graduated income tax. That’s according to the nonpartisan Tax Foundation.

Chicago poised for painful choices to close record budget gap

OCTOBER 21, 2020 | BLOOMBERG | by Shruti Singh

Mayor Lori Lightfoot on Wednesday will lay out how she plans to close the largest budget gap in Chicago’s history as Covid-19’s resurgence threatens to hobble the junk-rated city’s recovery in the years ahead.
 

Chicago mayor Lori Lightfoot exchanged emails with lobbyist …

OCTOBER 21, 2020 | THE CHICAGO TRIBUNE | by John Byrne, Gregory Pratt

Months after a new law took effect banning elected public officials from lobbying Chicago City Hall, Mayor Lori Lightfoot exchanged emails with a lobbyist who would have been barred under the new standards had they been enforced, the Tribune has learned.

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