October 12, 2006
BY FRAN SPIELMAN City Hall Reporter
"Mayor Daley on Wednesday took the wraps off a feel-good, $5.7 billion budget embraced by aldermen as a blueprint for their re-election and his.
It freezes property taxes for a third straight year, holds the line on all other taxes and fees and uses $94 million of the $1.83 billion Chicago Skyway privatization windfall to finance an array of neighborhood and social programs.
He devoted more time to corruption scandals than his State of the City address did.
"As I've said many times, while we can't change the past, we can learn from it, and I want to assure you that I have," Daley said, unveiling plans to increase the inspector general's budget by 47 percent, or $1.7 million, to create a team of forensic accountants who will audit departments and programs."
Freeze Property Taxes??? Holds the line on all taxes? Does that mean NO MORE TIFS??? Does that mean they've added enough taxes to restaurants, hotels and cigarettes to satisfy their needs? Or did they realize that Chicago was headed toward losing trade show business with its "too expensive to visit" reputation? How many big corporations have we lost to the expense of operating in Chicago?
Does this mean, if Daley runs and is re-elected that there will be a freeze on TIFS? Does this mean also that Daley will use his veto power to make Club 50 work for their boss, the taxpayer? And, will the inspector general audit individual Club 50 members behind the scenes deals and publish their findings? That would be a 'feel good'!