Posted inGovernment Finance & Accountability

Johnson Administration Faces Credibility Crunch Over a Key Plank of $1.25B Bond Plan

Officials say they’ll let enough special taxing districts expire to generate the money needed to pay back the debt. Some analysts are skeptical.

by Alex Nitkin April 25, 2024April 25, 2024

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Johnson Administration Faces Credibility Crunch Over a Key Plank of $1.25B Bond Plan

by Alex Nitkin, Illinois Answers Project
April 25, 2024

<h1>Johnson Administration Faces Credibility Crunch Over a Key Plank of $1.25B Bond Plan</h1>
<p class="byline">by Alex Nitkin, Illinois Answers Project <br />April 25, 2024</p>
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Ald. Pat Dowell (3rd), center, along with city officials, answer alderpeople's questions during an April 17 committee meeting on the mayor's $1.25B bond proposal. (Credit: Victor Hilitski/For Illinois Answers Project) — Ald. Pat Dowell (3rd), center, along with other city officials, answer alderpeople's questions during an committee meeting on April 17 on the mayor's $1.25 billion bond plan. (Credit: Victor Hilitski/For Illinois Answers Project)

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Tagged: municipal finance

Alex NitkinGovernment Finance and Accountability Reporter

anitkin@illinoisanswers.org

Alex Nitkin is a government finance and accountability reporter conducting investigations on systemic problems and the public policies that are meant to fix them in Chicago, Cook County and Illinois government. Before joining Illinois Answers, he worked as a reporter and editor for The Daily Line covering Cook County and Chicago government. He previously worked at The Real Deal Chicago, where he covered local real estate news, and DNAinfo Chicago, where he worked as a breaking news reporter and then as a neighborhood reporter covering the city's Northwest Side. A New York native who grew up in Connecticut, Alex graduated Northwestern University’s Medill School of Journalism with a bachelor’s degree.

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