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Chicago Privatization

Are Rahm's $3 Billion In 'Opportunity Areas' A Privatization Ploy?

Posted 03.19.2013 | Chicago

Mayor Rahm Emanuel has announced a splashy plan to inject three billion dollars into seven Chicago neighborhoods in what the city touted in a Sunday p...

Midway Privatization Gets Green Light From FAA, City Looks For Bids

Posted 01.19.2013 | Chicago

City officials wasted no time seeking bids for a public-private partnership at Chicago Midway International Airport after getting Federal Aviation Adm...

Should Chicago Put More Projects In The Hands Of Private Investors?

AP | By JASON KEYSER | Posted 07.08.2012 | Chicago

CHICAGO -- For cities and states buried under mountains of debt, it has become a tantalizing proposition: invite private financial institutions to put...

Emanuel: Citywide Recycling By 2013, Thanks To Competitive Bidding

Posted 04.07.2012 | Chicago

Shortly after taking office, Mayor Rahm Emanuel promised to revamp Chicago's recycling system after more than a decade of failed attempts. Last su...

FINALLY: Will Emanuel Plan Bring Curbside Recycling To All Chicagoans?

Posted 09.17.2011 | Chicago

For years, Chicago has struggled to put a reasonable recycling program in place. First, there was the failed blue bag system, which was finally scrapp...

Taste Of Chicago: Crime, As Well As Revenue, Reportedly Down

Posted 09.04.2011 | Chicago

While this year's Taste of Chicago festival, the first managed by the city's Park District, lacked some of the chaos that peppered last year's event, ...

Will Rahm's Team Keep The Privatization Trend Alive?

Chicago Reader | Heather Kenny | Posted 06.20.2011 | Chicago

Rahm Emanuel's pick for the city's new chief financial officer suggests he's more open to privatization than he mentioned previously to reporters and ...

Daley Scrambling To Privatize Recycling Before His Term Is Up

Posted 06.01.2011 | Chicago

One of the broad themes of the Daley administration has been a belief in private industry to handle typically government-run services. Selling control...

Private Company Will Manage New CPS High School

Chicago Public Radio | Posted 05.25.2011 | Chicago

About 300 high-school freshmen will begin classes next week at the newly built Eric Solorio Academy. It's the first public high school named after a p...

Two Finalists Picked For Illinois Lottery Contract

AP | TAMMY WEBBER | Posted 05.25.2011 | Chicago

CHICAGO — Two private companies were named as finalists Monday for a lucrative, first-of-its-kind contract to manage Illinois' lottery and will ...

City For Sale: Daley Proposes Privatizing Taste Of Chicago, Recycling, More

Posted 05.25.2011 | Chicago

It's no secret that Chicago's mayor is a fan of privatization. In recent years, the Daley administration has cut lucrative (if mismanaged) deals to le...

Chicago To Dip Into Parking Meter, Skyway Funds As Budget Gap Looms

Chicago Sun-Times | Posted 05.25.2011 | Chicago

Chicago is facing a record budget shortfall -- approaching $700 million when the cost of police and fire contracts are factored in -- setting the stag...

Mayor Daley Urged To Privatize Animal Care After Dog-Kill Fiasco

suntimes.com | CRIME, GUNS, and VIDEOTAPE | Posted 05.25.2011 | Chicago

Mayor Daley was urged Thursday to privatize Chicago's Commission on Animal Care and Control after the $4.5 million-a-year agency was accused of mistak...

Mayor Daley To Privatize Some City Hiring

Posted 05.25.2011 | Chicago

Continuing a trend that has spanned much of his tenure as mayor, Chicago's Richard M. Daley announced today the privatization of another major city fu...

Will Chicago Privatize Its Water?

Posted 05.25.2011 | Chicago

Chicagoans are understandably wary of privatization deals, where the city sells off public services to private contractors for an immediate payoff. Bu...

Alderman On Lease Of City Water System: 'There Is Something In The Works'

Chicago Tribune | Michael Hawthorne | Posted 05.25.2011 | Chicago

Mayor Richard Daley says any part of city government is up for grabs if the price is right. But if he is tempted to dangle Chicago's vast water syste...

City Council Clashes Over Parking Meter Deal, Passes Privatization Review

Chicago Sun-Times | Fran Spielman | Posted 05.25.2011 | Chicago

Under fire for giving quickie approval to the problem-plagued parking meter privatization that raised rates sky-high, the City Council agreed today to...

Chastened Aldermen Want More Time To Review City Privatization Deals

Chicago Sun-Times | Fran Spielman | Posted 05.25.2011 | Chicago

Burned by the problem-plagued privatization of Chicago's 36,000 parking meters, aldermen moved Monday to slow down and shine the light on future asset...

Remorseful Aldermen To City: Put All Privatization Deal Info Online

Chicago Tribune | Posted 05.25.2011 | Chicago

Three aldermen are calling on Mayor Richard Daley's administration to provide more information about the privatization of city assets such as the park...

Chicago: The Privatized City of the Future

Michael Moreci | Posted 05.25.2011 | Chicago
Michael Moreci

This is the dream of business-minded elected officials: Boatloads of cash come in and none goes out. As Chicago sells off more and more, they'll be required to do less and less.

Daley Urges Obama To Lease Federal Assets

Chicago Sun-Times | Fran Spielman | Posted 05.25.2011 | Chicago

Mayor Daley has already unloaded four of Chicago's most valuable assets for a $6 billion mountain of cash amid concern he is mortgaging the city's fut...

The Parking Meter Deal: Right Idea, Wrong Reasons

David Hoyt | Posted 05.25.2011 | Chicago
David Hoyt

What could be a long-term revenue generator for a city in budgetary crisis has been traded for a one-time fix in operating revenue.

City Privatizing Parking Meters

Chicago Sun-Times | Fran Spielman | Posted 05.25.2011 | Chicago

It looks like Mayor Daley's giant budget gamble has paid off -- and then some. On Monday, the city received what a top mayoral aide described as a "w...

Midway Airport Privatized In $2.5 Billion Deal

Crain's Chicago Business | Paul Merrion | Posted 05.25.2011 | Chicago

Mayor Richard Daley says the city has reached a landmark agreement to privatize Midway Airport for $2.521 billion. The deal will net the city more th...