CHICAGO – Chicago Mayor Richard Daley yesterday named Chicago Transit Authority general counsel Eugene Munin as the city’s new budget director. He takes over the position as the city faces a $520 million deficit in the 2010 budget.
Munin, a certified public accountant, worked for eight years as a deputy city budget director before joining the CTA in 2004. The city last month announced it is facing a $520 million deficit next year. Daley’s budget will be introduced to the City Council in the fall. The $6.2 billion preliminary plan includes a $3.32 billion corporate fund.