Chicago Inspector General Finds ‘Dormant’ Fund of $57 Million in Taxpayer Money

Aug 17, 2026 - 10:00
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Chicago Inspector General Finds ‘Dormant’ Fund of $57 Million in Taxpayer Money

Chicago officials are moving to shut down a taxpayer-backed investment fund that sat largely dormant for years, failed to file required reports, and never attracted the private investment it was created to generate, all while the city faces a projected $130 million budget deficit.

The post Chicago Inspector General Finds ‘Dormant’ Fund of $57 Million in Taxpayer Money appeared first on Slay News.

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