Reuters
October 15, 2008
Facing a huge hole in Chicago’s current and upcoming budgets, Mayor Richard Daley announced on Tuesday a plan to partially shut down city government for six days.
- A d v e r t i s e m e n t
Along with several other measures, the mayor’s plan was aimed at saving $62 million for the city’s corporate or operating fund, which currently faces a $469 million shortfall.
Under the plan, city employees, with the exception of mostly public safety workers, would not work and would not be paid for the day after Thanksgiving or for Christmas Eve and New Year’s Eve this year and in 2009.
Daley also said the fiscal 2009 budget he will unveil on Wednesday will eliminate 1,346 currently vacant positions and will include various cost-cutting or revenue-raising measures.
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