Mayor releases 2013 budget
by John Kanaly
The mayor released a new budget Wednesday that includes a nearly $300 million gap, and a looming pension crisis. It expands several services for children.
Chicago’s business community owners responded optimistically about Mayor Emanuel’s proposed 2013 budget. Emanuel focused on trimming City Hall fat and streamlining bureaucracy. The mayor also announced plans to develop a small business center aimed at helping entrepreneurs launch their businesses by simplifying the licensing process and helping them find loans.