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Gene Saffold

Tax Increase Possible As City Budget Gap Reaches $520 Million

Chicago Tribune | Hal Dardick | Posted 08.30.2009 | Chicago

Read More: Chicago Tax Increase, Chicago Taxes, Chicago Budget Deficit, Chicago 2010 Budget, Gene Saffold, Chicago Budget, Chicago News

Even after the city exhausts a $320 million rainy day fund created by leasing the city's parking meters, it still must find $520 million in costs savi...

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Midway Airport Privatization Deal Collapses

AP | Posted 05.21.2009 | Chicago

Read More: Midway Airport Privatization, Midway Lease Deal, Midway Privatization Deal, Midway Airport, Privatization, Credit Crisis, Travel, Private Airports, Gene Saffold, Chicago-Illinois, Chicago News

CHICAGO (AP) -- A $2.5 billion first-of-its-kind deal to privatize a major U.S. airport has collapsed amid the global credit crunch, city officials sa...

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City Budget Gap Widens Nearly $20M In A Month

WBBM Newsradio | Posted 05.10.2009 | Chicago

Read More: Chicago Budget Deficit, Chicago Budget Shortfall, Gene Saffold, Mayor Daley, Chicago Budget, Chicago-Illinois, Chicago News

Chicago's new Chief Financial Officer Gene Saffold says that a $33 million dollar budget gap a month ago has now turned into a $51 million dollar shor...

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Midway Privatization Deal Negotiations Extended

AP | Posted 05.08.2009 | Chicago

Read More: Midway Privatization Deal, Midway Airport, Gene Saffold, Midway Privatization, Midway Lease, Chicago-Illinois, Chicago News

CHICAGO - Chicago officials say they're still talking with a group of private investors about a new closing date to lease Midway International Airport...

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Gene Saffold: JP Morgan Exec Named Chicago's Chief Financial Officer

Chicago Sun-Times | Fran Spielman | Posted 04.12.2009 | Chicago

Read More: Gene Saffold Chicago Budget, JP Morgan Chase, Bill Daley, Chicago Chief Financial Officer, Gene Saffold, Chicago News

A municipal finance expert who works with Mayor Daley's brother and spent 10 years on the Chicago Board of Education was chosen Thursday to become the...

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