Mayors and Money: Fiscal Policy in New York and Chicago
Chicago and New York share similar backgrounds but have had strikingly different fates. Tracing their fortunes from the 1930s to the present day, Ester R. Fuchs examines key policy decisions which have influenced the political structures of these cities and guided them into, or clear of, periods of economic crisis.
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1975 fiscal crisis administration Anton Cermak authority banks Board of Estimate bonds budget process Bureau capital spending Census Cermak changes Chicago's fiscal City Council city government city's budget city's fiscal policy citywide common function spending comptroller constant dollars Cook County costs creased crises Daley Daley's debt burden debt service decisions decline deficit Depression economic Ed Koch elected Eugene Sawyer federal aid finances fiscal policy process fiscal problems funds gross debt growth Guardia Houston Impellitteri important increased spending intergovernmental revenue issue Jimmy Walker legislature long-term debt machine mandates ment Michael Bilandic million neighborhood non-common function services non-common function spending party organization percent political political corruption population pre-fiscal programs property tax public welfare reform remained responsibility retain fiscal stability service delivery short-term debt special districts structure Tammany Hall tion trends U.S. Department World War II York and Chicago York City York City's