The city of Chicago — and the whole state of Illinois, really — doesn’t know how to handle money. I know (first-hand) how horribly they’ve handled pensions for teachers and our last mayor left a legacy of throwing away millions of future dollars to fill short-term budget gaps.
The latest controversial money-making decision involves asking non-profits in the city to pay for water, which they’re generally been able to use for free. Over the weekend, Mayor Rahm Emanuel put forth a compromise plan that would only require non-profit groups with assets over $1,000,000 to have to pay for water.
But churches are non-profit groups, too, and the Catholic Church isn’t exactly synonymous with poverty… so they’re not taking this news well, as they made clear in a press conference yesterday:
[Click headline for more…] [Read more...]