Yea the last mayor spent millions planting flowers and neglected the city streets .
The city is struggling to manage its $8 billion in taxpayer-backed bond debt, much of it the legacy of former Mayor Richard M. Daley, who ran massive annual deficits and relied heavily on bond funds to plug budget holes. A 2013 Tribune analysis found that less than one-third of the proceeds of $9.8 billion in bonds issued from 2000 to 2012 went to capital expenditures that might benefit future generations.
The Tribune found that Emanuel, struggling to balance the city’s budget and address the bond and pension liabilities he inherited, also covered short-lived costs with bond money during 2012, his first full year in office. That year alone, the city spent $3 million in borrowed money on its landscaping program,
Emanuel’s then-chief financial officer, Lois Scott, acknowledged in a 2013 interview with the Tribune that borrowing for operating costs is “not responsible, long-term.” Five months later Emanuel issued an additional $126 million in taxable debt, borrowed money that covered the bills for much of the 2013-14 landscaping, maintenance and court judgments.