“I don’t think any politician in their right mind would ever want to have to be in this position.”
Nicole Lee, a member of the Chicago Board of Aldermen. Lee suspects that the budget process will almost certainly include a property tax increase, given the city’s precarious finances. The city ended its last fiscal year with a deficit of $161 million, which led it to empty one of its emergency funds, something that didn’t happen even in the depths of the Great Recession in 2008. (Chicago Tribune)