CTA paid people to not work
The results of an investigation have been revealed of the Chicago Transit Authority’s continued payments to employees for days not actually worked.
For five years, since the beginning of the COVID pandemic up to the issuance of the Office of the Executive Inspector General’s investigative report, the CTA paid over $1 million to Vault Operations employees, primarily Money Handlers, to stay at home and not work at least two days a week.
The department is responsible for packaging, shipping and processing bulk currency that is obtained from CTA’s fare boxes and the Money Handler’s main duty of processing fare money could only be performed at a secure facility.
Chicago credit outlook negative
Fitch Ratings has revised its credit outlook for Chicago from stable to negative, citing a lack of progress in procuring permanent solutions to the city’s budget gap.
Fitch assigned A-minus ratings to several general obligation bonds to be issued by the city. The credit rating agency said Chicago’s reserves provide “a dwindling cushion” to its fiscal challenges.
Pope video address at Rate Field
The Archdiocese of Chicago has announced that Pope Leo the 14th will offer a video greeting to Chicago on June 14 at Rate Field, which is the home ballpark for the White Sox.
The event will include a Mass to celebrate the new pope, who was born in Chicago and raised in Dolton, Illinois.
