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Record #: R2016-93   
Type: Resolution Status: Failed to Pass
Intro date: 2/10/2016 Current Controlling Legislative Body: Council Office of Financial Analysis Oversight Committee
Final action:
Title: Call for City Council Office of Financial Analysis to investigate potential revenue sources for providing financial aid to Chicago Public Schools
Sponsors: Pawar, Ameya, Ramirez-Rosa, Carlos, O'Connor, Patrick, Moreno, Proco Joe, Dowell, Pat, Arena, John, Tunney, Thomas, Moore, Joseph, Waguespack, Scott, Mell, Deborah, Reboyras, Ariel, Reilly, Brendan, Osterman, Harry, Santiago, Milagros, Villegas, Gilbert, Munoz, Ricardo, Scott, Jr. Michael, O'Shea, Matthew J., Sadlowski Garza, Susan, Hairston, Leslie A., Sawyer, Roderick T., Taliaferro, Chris, Ervin, Jason C., Foulkes, Toni, Moore, David H., Quinn, Marty, Napolitano, Anthony V., Brookins, Jr., Howard, Laurino, Margaret, Zalewski, Michael R., Solis, Daniel, Burns, William D., Burnett, Jr., Walter, Smith, Michele
Topic: CITY DEPARTMENTS/AGENCIES - City Council Office of Financial Analysis
Attachments: 1. R2016-93.pdf
Related files: R2019-362
City Council Meeting February 10, 2016
Council Office of Financial Analysis Oversight Committee


WHEREAS, The State of Illinois, the City of Chicago, the Chicago Public Schools, and units of government across Illinois face unprecedented fiscal challenges caused by Governor Rauner's inability to work with the State Legislature to pass a budget; and

WHEREAS, Governor Rauner delivered his second budget address without passing a 2015 budget and has not presented a plan to pass a 2016 budget because of his obsession over right-to-work and other anti-union policies; and

WHEREAS, there is no end in sight to the Springfield budget stalemate caused by Governor Rauner's failure to recognize that his so-called 'Turnaround Agenda" is not supported by the vast majority of working families across Illinois; and

WHEREAS, due to Governor Rauner's callous cuts and dereliction of duty, thousands oflow-income families no longer qualify for childcare subsidies, funding for autism programs has been decimated, and countless social service agencies have closed their doors due to unpaid bills; and

WHEREAS, in contrast to Governor Rauner, the Chicago City Council and Mayor Emanuel took collective action to address the City's fiscal issues in the 2016 budget; and

WHEREAS, the City of Chicago raised its property tax levy in 2015 to shore up funding for the Policeman's Annuity & Benefit Fund and the Firemen's Annuity & Benefit Fund; and

WHEREAS, property taxes are the only revenue option available to local governments because of Governor Rauner's unwillingness to sign legislation creating progressive revenue streams at the State level and refusal to allow Chicago and other home rule municipalities to explore local revenue options to properly fund schools, social services, and basic services; and

WHEREAS, in addition to the inequities caused by a broken public education funding formula, Chicago Public Schools is the only school district in the State of Illinois...

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