TV report highlights Evanston's city debt
Evanston was one of two towns featured last night on a WLS television late news report on municipal debt levels in Chicago's suburbs.
That number, though, is down just a tad from from nearly $333 million in 2010, according to the treasurer's office
The reduction in total debt came despite an increase in unfunded pension liabilities from $203 million to $206 million between 2010 and 2011. .
Assistant City Manager Marty Lyons got to recap for the camera that Evanston has laid off about 60 employees in recent years, contracted out trash hauling and slowed replacement of parkway trees as part of its effort to trim costs and bring the debt level under control.
The TV report also looked at Des Plaines, and concluded that neither town is among the worst in the metro area in terms of the size of its debt burden.
Update 8/2/12: A Better Government Association report that provided the background for the WLS story and also looked at finances in Oak Park can be found here.