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By the numbers: Chicago second worst among cities for taxpayer burden on debt

from Marietta Daily Journal

Chicago ranks second worst among the 75 largest cities in the United States for the handling of its finances, according to a Truth in Accounting analysis of municipal data released this month. The nonprofit group, which promotes financial transparency in government, gave Chicago a grade of "F" for its fiscal policies. The amount of revenue the city needs to pay its bills is $32.5 billion, or $36,000 per taxpayer, according to the analysis. more


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