After the BGA and Crain’s Chicago Business raise questions about a member of the CTA retirement fund soliciting charitable donations from financial firms working for the pension agency, the Regional Transportation Authority and the CTA retirement fund pledge a review to see whether rules or laws were violated.
The future of a pilot program aimed at helping formerly incarcerated Chicago residents hangs in the balance after the company that was supposed to pay for it, cryptocurrency giant FTX, recently imploded amid allegations of fraud before paying most of its promised $1 million grant. FTX’s participation was announced to great fanfare by Mayor Lori…
The property tax sale process that can result in people losing their homes robs those communities of generational wealth, critics say. And Cook County’s last-chance fund to help make some of those homeowners whole is years behind in paying claims.
A Chalkbeat Chicago and Illinois Answers Project investigation revealed that despite student needs, high poverty districts have spent smaller portions of their ESSER funds in comparison to low poverty districts.
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PENSION REVIEW PROMISED
by BGA, Illinois Answers Project
January 15, 2014