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The Metropolitan Water Reclamation District of Greater Chicago (MWRD), originally known as the Sanitary District of Chicago, is a special-purpose district chartered to operate in Cook County, Illinois since 1889. Although its name may imply otherwise, it is not a part of the City of Chicago 's local government but is created by Illinois state ...
For more than 100 years, Commonwealth Edison has been the primary electric delivery services company for Northern Illinois. Today, ComEd is a unit of Chicago-based Exelon Corporation, one of the nation's largest electric and gas utility holding companies. ComEd provides electric service to more than 3.8 million customers across Northern Illinois.
Tax increment financing. Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been ...
In December 2011, the non-partisan organization Public Campaign criticized Integrys Energy Group for spending $710,000 on lobbying and not paying any taxes during 2008–2010, instead receiving $92 million in tax rebates, despite making a profit of $818 million and increasing executive pay by 109% to $14.8 million in 2010 for its top 5 ...
The Chicago City Council is the legislative branch of the government of the City of Chicago in Illinois. It consists of 50 alderpersons elected from 50 wards to serve four-year terms. [1] The council is called into session regularly, usually monthly, to consider ordinances, orders, and resolutions whose subject matter includes code changes ...
The City Treasurer’s Office is the custodian and manager of all cash and investments for the City of Chicago, the four City employee pension funds, and the Chicago Teacher’s Pension Fund. Additionally, the Treasurer’s Office manages a number of programs that promote financial education and small business growth in Chicago’s neighborhoods.
World Business Chicago. World Business Chicago (WBC) is the official economic development organization for the City of Chicago. WBC is a public-private partnership and a 501 (c) (3) nonprofit organization supported by funding from the City of Chicago, philanthropies, and the business community. In 2019, WBC reported $8.9 million in revenue. [1]
Government of Chicago. The government of the City of Chicago, Illinois, United States is divided into executive and legislative branches. The Mayor of Chicago is the chief executive, elected by general election for a term of four years, with no term limits. The mayor appoints commissioners and other officials who oversee the various departments.
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