Government
Creative Urban Budget Solution of the Day: Crowdfunding City Programs
Chicago is trying to raise $480,000 for a youth basketball league.
Is this the future of city budgeting?
Chicago Mayor Rahm Emanuel is looking to expand the city's basketball league for at-risk youth. But instead of funding "Windy City Hoops" through raised taxes or a rejiggered budget, Emanuel is crowdsourcing the project, complete with a page on IndieGoGo. The city hopes to add 3,200 spots at 10 parks across the city. With 58 days to go, they've raised $30,260 of their $480,000 goal.