Sarge's videos

Loading...

Monday, July 23, 2012

Tax payers eat the debt caused by Mayor of Chicago 33 billinon in debt now plus some

The audits by the accounting firm of Deloitte & Touche provide a treasuretrove of information about city finances and operations.

♦ In 2008 President elcet Obama coast the city 2million for Grant Park, 5 Million is Streets and Sanitation 12 million for security of the extrea police from all over the state to back up Chicago ( not paid)

 ♦ In 2012 Mayor emanual spent 10 million on speed camera's, 33 million on Nato, and 20 million in overtime for police services.

Who has eaten this coast the City of Chicago tax payers whom else. Politicians have been signing checks that they can not cash for the last 13 years it is time they stop
In spite of a spike in homicides and shootings and a troubling return to downtown mob attacks, the number of “physical arrests” by Chicago Police officers declined again — from 167,355 in 2010 to 152,740. That continues a six-year trend that coincides with the hiring slowdown that caused a dramatic decline in the number of police officers. Police made 227,576 arrests in 2006. The number of arrests has been dropping ever since. The Chicago Police Department has long argued that it doesn’t measure the success of crime-fighting strategies simply by the number of arrests.

♦ Chicago’s 159 tax-increment-financing districts had a collective balance of $1.4 billion. Most of that money is uncommitted.
but yet the mayor does this type of stuff which like Daley never saw the money
Mayor Rahm Emanuel’s administration has made its second reimbursement request for expenses incurred during the NATO summit here in May, including a claim for more than $300,000 for costs to the CTA and more than $900,000 for police agencies.

The total amount billed to the Chicago NATO Host Committee on Friday is more than $3.2 million, which comes on the heels of a request for more than $15 million last month. Sarah Hamilton, a spokeswoman for Emanuel, said the city would continue to submit itemized bills to recoup its costs.

“We will make others and plan to have all reimbursements submitted within the month,” Hamilton said in an email.

Hamilton said the request for the CTA included money for overtime for bus drivers, as well as for maintenance and security. Other bills in the Friday submission were for overtime and travel expenses for police agencies that assisted the Chicago Police Department during the NATO weekend, including the Illinois State Police and police from Philadelphia, Charlotte and Milwaukee.

The CPD overtime bill already submitted by the city was for about $14.6 million, most of which would be covered by the federal government.

City officials have repeatedly stressed that taxpayers would not pay the bill for the summit of world leaders, instead relying on federal funds and donations collected by the host committee, which operated under the umbrella of the World Business Chicago economic development organization.

The host committee has reported it raised about $33 million in private money, and that $19 million would be set aside to cover Chicago’s costs. The committee and WBC have said the surplus will be accounted for once all of the city’s bills are in, and extra funds could go toward an unspecified legacy project.
This is what politicians do they have great ideas to generate money but in order to make it you need to spend it method but then you have dead beats and it is the tax payers who suffer

No comments:

Post a Comment