I got very excited when I saw the image below in an email I received from the Chicago Treasurer. I thought the mayor and aldermen were finally going to learn how to budget. In the past Chicago mayors and aldermen have done budgeting in a way that has allowed them to claim “balance” while incurring billions of dollars of debt. Their budget tricks include as:
Unfortunately, this workshop is not for the mayor or aldermen. It is for the public. I just hope that the Treasurer doesn’t teach the public the city’s budgeting tricks.