This form is a sample letter in Word format covering the subject matter of the title of the form.
Letter For Recovery Of Amount In Chicago
Category:
State:
Multi-State
City:
Chicago
Control #:
US-0026LTR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
The general number to the City Claims Unit is 312.744. 5650. Business hours are Monday thru Friday from 8 am to 5 pm. Throughout the claims process you may call or email the assigned claims file handler for a status update.
Chicago's dire financial condition is rooted in decades of mismanagement, leaving Mayor Brandon Johnson with no quick fixes that will bridge a projected $982.4 million budget shortfall in 2025, ing to a new report from the Civic Federation.
City of Chicago total net debt outstanding increased by 32.8%, rising from $22.0 billion to $29.2 billion between FY2014 and FY2023. This is a $7.2 billion increase. City of Chicago total debt outstanding per capita increased by 30.3%, rising from $8,166 billion to $10,642 between FY2014 and FY2023.
Chicago 'BBB+' GO Debt Rating Placed On Watch Negative Due To 2025 Budget Uncertainty. CHICAGO (S&P Global Ratings) Nov. 19, 2024--S&P Global Ratings placed its rating on the city of Chicago, Ill.'s outstanding general obligation (GO) debt on CreditWatch with negative implications, while affirming the 'BBB+' rating.
City of Chicago total net debt outstanding increased by 32.8%, rising from $22.0 billion to $29.2 billion between FY2014 and FY2023. This is a $7.2 billion increase. City of Chicago total debt outstanding per capita increased by 30.3%, rising from $8,166 billion to $10,642 between FY2014 and FY2023.
Chicago's financial problems stem mostly from unfunded retirement obligations that have accumulated over the years. Of the $42.2 billion in retirement benefits promised, the city has not funded $31.8 billion in pension and $828.8 million in retiree health care benefits.
All previous contact information will be forwarded to the new Help Desk at CustomerSupport@cityofchicago or (312) 744-HELP (4357).
I would be very grateful if you would consider writing off the outstanding debt owing. I have always taken my financial responsibilities very seriously but unfortunately, my circumstances are so bad that I cannot realistically maintain payments of any kind.