Editing Richard M. Daley (section)

=== Sixth term (2007–2011) ===
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On February 6, 2008, the Chicago City Council approved, by a 41–6 vote, an increase in the city's [[real estate transfer tax]] to fund the [[Chicago Transit Authority]]. Presiding over the meeting, Daley harshly chastized the dissenting aldermen.<ref>{{cite news |title=City tax hike puts cap on CTA bailout |date=February 7, 2008 |first=Gary |last=Washburn |newspaper=[[Chicago Tribune]] |url=https://www.chicagotribune.com/2008/02/07/city-tax-hike-puts-cap-on-cta-bailout/}}</ref><ref>{{cite video |title=Chicago Mayor Richard Daley: Rant |url=https://www.youtube.com/watch?v=2ashM23pslk | archive-url=https://ghostarchive.org/varchive/youtube/20211118/2ashM23pslk| archive-date=November 18, 2021 | url-status=live|publisher=[[WGN-TV]] |location=Chicago |website=YouTube |access-date=December 1, 2012}}{{cbignore}}</ref> On March 15, 2010, Daley appointed two aldermen on the same day, bringing to 19 the number of alderman initially appointed by Daley.<ref>{{cite news |date=March 15, 2010 |title=Daley fills two City Council seats in one day |first=Hal |last=Dardick |url=http://newsblogs.chicagotribune.com/clout_st/2010/03/daley-fills-two-city-council-seats-in-one-day-.html |newspaper=[[Chicago Tribune]] |access-date=January 10, 2012 |archive-url=https://web.archive.org/web/20120808194303/http://newsblogs.chicagotribune.com/clout_st/2010/03/daley-fills-two-city-council-seats-in-one-day-.html |archive-date=August 8, 2012 |url-status=dead }}</ref>

==== More long-term leases of public infrastructure ====
In September 2008, Chicago accepted a $2.52 billion{{efn|{{inflation|US-GDP|2520000000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} bid on a 99-year lease of [[Midway International Airport]] to a group of private investors, but the deal fell through due to the collapse of credit markets during the [[2008–2012 global recession]].<ref>{{cite news |title=Deal to Privatize Chicago Airport Fails |date=April 20, 2009 |newspaper=[[The New York Times]] |agency=Associated Press |url=https://www.nytimes.com/2009/04/21/us/21airport.html}}</ref><ref>{{cite news|url=https://www.huffingtonpost.com/2009/04/20/midway-airport-privatizat_n_189090.html |title=Midway Airport Privatization Deal Collapses |publisher=Huffingtonpost.com |date=May 21, 2009 |access-date=January 8, 2012 |first=Ben |last=Goldberger}}</ref> In 2008, as Chicago struggled to close a growing budget deficit, the city agreed to a 75-year, $1.16 billion{{efn|{{inflation|US-GDP|1160000000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} deal to lease its [[parking meter]] system to an operating company created by [[Morgan Stanley]]. Daley said the "agreement is very good news for the taxpayers of Chicago because it will provide more than $1 billion in net proceeds that can be used during this very difficult economy." The agreement quadrupled rates, in the first year alone, while the hours which people have to pay for parking were broadened from 9 a.m. – 6 p.m. to 8 a.m. – 9 p.m., and from Monday through Saturday to every day of the week. Additionally, the city agreed to compensate the new owners for loss of revenue any time any road with parking meters is closed by the city for anything from maintenance work to street festivals.<ref>{{cite book |first=Matt |last=Taibbi | author-link=Matt Taibbi |title=Griftopia|title-link=Griftopia }}</ref><ref name=fail>
* {{cite news |title=FAIL: The Reader's Parking Meter Investigation; Ben Joravsky and Mick Dumke's report on the privatization of Chicago's parking meters, how the deal went down, and its fallout |url=http://www.chicagoreader.com/chicago/fail-chicago-parking-meter-privatization-archive/Content?oid=1265254 |newspaper=[[Chicago Reader]] |date=December 10, 2009}}
* {{cite news |title=FAIL, Part One: Chicago's Parking Meter Lease Deal; How Daley and his crew hid their process from the public, ignored their own rules, railroaded the City Council, and screwed the taxpayers on the parking meter lease deal |first1=Ben |last1=Joravsky |first2=Mick |last2=Dumke |url=http://www.chicagoreader.com/chicago/fail-parking-meters-lease-deal/Content?oid=1098561 |newspaper=[[Chicago Reader]] |date=April 9, 2009}}
* {{cite news |title=FAIL, Part Two: One BILLION Dollars! New evidence suggests Chicago leased out its parking meters for a fraction of what they're worth |date=May 21, 2009 |url=http://www.chicagoreader.com/chicago/one-billion-dollars-parking-meter-fiasco-part-two/Content?oid=1123046 |newspaper=[[Chicago Reader]] |first1=Ben |last1=Joravsky |first2=Mick |last2=Dumke }}
* {{cite news |title=FAIL, Part Three: The Insiders; Who benefited from the parking meter fiasco |first1=Ben |last1=Joravsky |first2=Mick |last2=Dumke  |date= June 18, 2009|url=http://www.chicagoreader.com/chicago/the-parking-meter-fiasco-part-iii/Content?oid=1127436 |newspaper=[[Chicago Reader]]}}</ref> In three years, the proceeds from the lease were all but spent.<ref name=guts/><ref name=fester/>

==== Failed Olympic bid ====
{{Main|Chicago bid for the 2016 Summer Olympics}}
In 2007, Daley entered into ten-year contracts with the city's labor unions to preclude labor unrest as Chicago launched a bid to host the [[2016 Summer Olympics]].<ref>{{cite news |title=City of Chicago is urged to get rid of 200 truck drivers who loaf; Inspector general says Chicago could save $18 million a year, but union contract makes firings unlikely |date=March 30, 2011 |first=Hal |last=Dardick |newspaper=[[Chicago Tribune]] |url=https://www.chicagotribune.com/2011/03/30/city-of-chicago-is-urged-to-get-rid-of-200-truck-drivers-who-loaf/}}</ref><ref>{{cite news |title=Daley cites union contract in truckers paid to sit around |first=Fran |last=Spielman |newspaper=Chicago Sun-Times |date=April 1, 2011 |url=http://www.suntimes.com/news/cityhall/4615020-418/daley-blames-predecessors-for-18-million-trucker-salaries-that-watchdog-called-waste.html}}</ref> For months in 2009, Daley promoted the economic benefits of the proposal to the city and its corporate community. Many thought the games would be a capstone of Daley's career.<ref name=daleys22/><ref name=dream/> On October 2, 2009, in a major disappointment for Daley, Chicago was the first of four finalists to be eliminated during selection ceremonies in [[Copenhagen]].<ref name=daleys22/><ref name=dream/> According to a March 2011 report from the city's Office of the [[Inspector General]],

<blockquote>By signing a 10-year (contract) with the [[Teamsters]] (and with over 30 other unions representing city employees), the current administration and City Council unduly hamstrung not only the current management of city government, but the next six years of management as well, a period that extends well beyond the elected terms of the incoming administration and City Council.<ref>{{cite web |title=Inspector General Releases Review on Efficiency of Motor Truck Driver Job Duties |date=March 30, 2011 |url=http://chicagoinspectorgeneral.org/publications-and-press/inspector-general-releases-review-on-efficiency-of-motor-truck-driver-job-duties/ |publisher=Office of the Inspector General of the City of Chicago |access-date=January 10, 2012 |archive-url=https://web.archive.org/web/20110920021804/http://chicagoinspectorgeneral.org/publications-and-press/inspector-general-releases-review-on-efficiency-of-motor-truck-driver-job-duties/ |archive-date=September 20, 2011 |url-status=dead }}</ref></blockquote>

==== Gun control ====
"If it was up to me, no one except law enforcement officers would own a handgun. But I understand that's impractical," Daley told attendees at a conference of [[gun control]] advocates in Washington, D.C. in 1998, during his third term.<ref name=commentary/><ref>{{cite news |title=Daley Shares Gun Battle With Nation |date=November 14, 1998 |first=Mike |last=Dorning |newspaper=[[Chicago Tribune]] |url=https://www.chicagotribune.com/1998/11/14/daley-shares-gun-battle-with-nation/ |access-date=November 9, 2012}}</ref> Daley was a member of the [[Mayors Against Illegal Guns Coalition]], an organization formed in 2006 and co-chaired by New York City Mayor [[Michael Bloomberg]] and [[Boston]] Mayor [[Thomas Menino]].<ref>{{cite web|title=Bi-Partisan Coalition of Mayors Against Illegal Guns Holds National Summit in Washington, DC|url=http://www.mayorsagainstillegalguns.org/html/media-center/pr001-07.shtml|publisher=[[Mayors Against Illegal Guns Coalition]]|access-date=February 28, 2011|date=January 23, 2007|url-status=dead|archive-url=https://web.archive.org/web/20110511060145/http://www.mayorsagainstillegalguns.org/html/media-center/pr001-07.shtml|archive-date=May 11, 2011}}</ref> On January 17, 2006, during Daley's fifth term, at a joint press conference with Illinois Governor [[Rod Blagojevich]] calling for a statewide ban on semi-automatic [[assault weapons]], Daley said, "If we are really to make the progress that we want, we have to keep the most dangerous weapons that are right here off of our streets."<ref>{{cite news |title=Blagojevich, Daley push gun ban; Both plan to make it top priority this year |date=January 18, 2006 |first1=Courtney |last1=Flynn |first2=Christi |last2=Parsons |newspaper=[[Chicago Tribune]] |url=https://www.chicagotribune.com/2006/01/18/blagojevich-daley-push-gun-ban/ }}</ref><ref>{{cite web|title=Governor Blagojevich, Mayor Daley renew call for state assault weapons ban|url=http://www.illinois.gov/PressReleases/ShowPressRelease.cfm?SubjectID=1&RecNum=4591|work=Office of the Governor|publisher=State of Illinois|access-date=February 28, 2011|date=January 17, 2006|url-status=dead|archive-url=https://web.archive.org/web/20110510073915/http://www.illinois.gov/PressReleases/ShowPressRelease.cfm?SubjectID=1&RecNum=4591|archive-date=May 10, 2011}}</ref>

The [[US Supreme Court]] took up ''[[McDonald v. Chicago]]'', 561 U.S. 3025, 130 S.Ct. 3020 (2010), which challenged handgun bans in the Chicago and in the neighboring suburb of [[Oak Park, Illinois|Oak Park]]. In May 2010, Daley held a press conference to address gun control and a pending possible adverse decision in ''McDonald v. Chicago''.<ref>{{cite news |first=Fran |last=Spielman |title=Daley: Gun ban 'effective' |newspaper=[[Chicago Sun-Times]] |date=May 20, 2010}}</ref><ref>{{cite news |first1=Hal |last1=Dardick|first2=John| last2=Byrne|url=http://newsblogs.chicagotribune.com/clout_st/2010/05/daley-talks-gun-control-in-advance-of-supreme-court-ruling.html|title=Daley: City ready to act if Supreme Court overturns gun ban|date=May 20, 2010 |newspaper=[[Chicago Tribune]] |access-date=September 18, 2010}}</ref> After Mick Dumke, a reporter for the ''[[Chicago Reader]]'', questioned the effectiveness of the city's handgun ban, Daley picked up a rifle with a bayonet from a display table of confiscated weapons and told him, "If I put this up your butt, you'll find out how effective it is. Let me put a round up your, you know."<ref>{{cite news|first=Jimmy|last=Orr|title=Chicago Mayor Daley offers to shoot reporter to prove gun ban works |url=http://latimesblogs.latimes.com/washington/2010/05/chicago-mayor-daley-offers-to-shoot-reporter-to-prove-gun-ban-works.html |newspaper=[[Los Angeles Times]] |date=May 20, 2010 |access-date=September 18, 2010}}</ref><ref>{{cite news|first=Mick|last=Dumke|title=Mayor Daley Threatens to Shoot the Messenger—Namely, Me|newspaper=[[Chicago Reader]]|url=http://www.chicagoreader.com/Bleader/archives/2010/05/20/mayor-daley-threatens-to-shoot-the-messengernamely-me|date=May 20, 2010|access-date=September 18, 2010|archive-date=January 21, 2013|archive-url=https://web.archive.org/web/20130121181843/http://www.chicagoreader.com/Bleader/archives/2010/05/20/mayor-daley-threatens-to-shoot-the-messengernamely-me|url-status=dead}}</ref>{{efn|See also<ref name=commentary/><ref name=quotes>* {{cite news |title=Chicago Mayor Regrets 'Up Your Butt'; Richard Daley, Wielding Gun, Told Reporter 'If I Put This Up Your Butt, You'll Find Out How Effective It Is' |date=May 21, 2010 |access-date=September 18, 2010 |url=https://www.cbsnews.com/news/chicago-mayor-regrets-up-your-butt-comment/ |work=CBS News |archive-date=May 25, 2010 |archive-url=https://web.archive.org/web/20100525111450/http://www.cbsnews.com/stories/2010/05/21/politics/main6507338.shtml |url-status=live }}
* {{cite video |url=https://www.youtube.com/watch?v=DHSMMcJEQqU | archive-url=https://ghostarchive.org/varchive/youtube/20211118/DHSMMcJEQqU| archive-date=November 18, 2021 | url-status=live|title=Mayor Daley gun 'up your butt' |location=Chicago |publisher=YouTube |access-date=December 1, 2012}}{{cbignore}}
* {{cite news |title=Some Of Mayor Daley's Most Colorful Quotes |date=May 13, 2011 |first=Adam |last=Harrington |url=http://chicago.cbslocal.com/2011/05/13/some-of-mayor-daleys-most-colorful-quotes/ |publisher=CBS Chicago }}</ref>|group="nb"}} The remark was voted "the stoopidest thing that Mayor Richard Daley the Younger has ever said" in an online poll by the ''[[Chicago Tribune]]''.<ref name=stoopidest>{{citation |title=What's the stoopidest thing Mayor Richard Daley has ever said? Some readers complain that 'all of the above' wasn't an option in online poll |first=John |last=Kass |author-link=John Kass |newspaper=[[Chicago Tribune]] |url=http://articles.chicagotribune.com/2010-05-26/news/ct-met-kass-0526-20100526_1_white-mayor-mayor-richard-daley-wet-mayor |archive-url=https://web.archive.org/web/20100630225915/http://articles.chicagotribune.com/2010-05-26/news/ct-met-kass-0526-20100526_1_white-mayor-mayor-richard-daley-wet-mayor |url-status=dead |archive-date=June 30, 2010 |date=May 26, 2010}}</ref>

On June 28, 2010, the [[US Supreme Court]] held, in a 5–4 decision in ''McDonald v. Chicago'', that the [[Second Amendment to the United States Constitution]] was incorporated under the [[Fourteenth Amendment to the United States Constitution|Fourteenth Amendment]], thus protecting the right of an individual to "keep and bear arms" from local governments,<ref name=mears>{{Cite news|last=Mears|first=Bill|title=Court rules for gun rights, strikes down Chicago handgun ban|work=CNN|date=June 28, 2009|url=http://news.blogs.cnn.com/2010/06/28/court-rules-for-gun-rights-strikes-down-chicago-handgun-ban/|access-date=January 14, 2012|archive-url=https://web.archive.org/web/20111120234806/http://news.blogs.cnn.com/2010/06/28/court-rules-for-gun-rights-strikes-down-chicago-handgun-ban/|archive-date=November 20, 2011|url-status=dead}}</ref> and all but declared Mayor [[Jane Byrne]]'s 1982 handgun ban unconstitutional.<ref>{{cite news |title=Daley: City will revise gun law after Supreme Court ruling |date=June 28, 2010 |url=http://articles.chicagobreakingnews.com/2010-06-28/news/28514876_1_handgun-ban-gun-ban-ordinance-ruling |newspaper=[[Chicago Tribune]] |first1=David |last1=Savage |first2=Katherine |last2=Skiba |first3=Cynthia |last3=Dizikes}}</ref> That afternoon, at a press conference concerning the gun ban, Daley said,

<blockquote>We'll publicly propose a new ordinance very soon&nbsp;... As a city we must continue to stand up&nbsp;... and fight for a ban on assault weapons&nbsp;... as well as a crackdown on gun shops&nbsp;... We are a country of laws not a nation of guns.<ref>{{cite news |title=Daley Vows New Gun Ordinances |first=Mary Ann |last=Ahern |date=June 28, 2010  |url=http://www.nbcchicago.com/blogs/ward-room/Daley-Vows-New-Gun-Ordinances-97328384.html}}</ref></blockquote>

Daley called a special meeting of the city council for four days later, and the Council approved a gun control ordinance revised to include city [[firearms license]]s.<ref>{{cite news |date=July 2, 2010 |title=City Council passes Daley gun restrictions 45-0 |first1=John |last1=Byrne |first2=Hal |last2=Dardick |newspaper=[[Chicago Tribune]] |url=http://newsblogs.chicagotribune.com/clout_st/2010/07/city-council-passes-daley-gun-restrictions-450.html}}</ref>

==== Daley budget deficits and fund draw-downs ====
Daley came into office in a city with revenue-generating assets, manageable debt and flush pension funds, but he left behind a city with a [[structural deficit]] that Mayor-elect [[Rahm Emanuel]] estimated at $1.2 billion{{efn|{{inflation|US-GDP|1200000000|2011|fmt=eq}}{{inflation/fn|US-GDP}}}} when under-funded [[pension fund]]s were included.<ref>{{cite news |title=Daley's unique legacy secured |first=Fran |last=Spielman |newspaper=[[Chicago Sun-Times]] |date=May 14, 2011 |url=http://www.suntimes.com/news/politics/5314348-418/daleys-legacy-secured.html}}</ref> The Daley administration's expenditures exceeded revenues by hundreds of millions of dollars a year.<ref name=analysis>{{cite news |title=Analysis: The city under Daley; The end of the mayor's tenure comes amid increasing signs that much of the official story line might not stand up to scrutiny |first=Dan |last=Mihalopoulos |date=May 2011 |work=Illinois Issues |url=http://illinoisissues.uis.edu/archives/2011/05/daley.html |publisher=[[University of Illinois Springfield]] |access-date=January 10, 2012 |archive-url=https://web.archive.org/web/20130622193433/http://illinoisissues.uis.edu/archives/2011/05/daley.html |archive-date=June 22, 2013 |url-status=dead  }}</ref> In August 2010, [[Fitch Group|Fitch Ratings]] downgraded the city's [[bond credit rating]], citing the administration's use of reserve funds for general [[operating expenses]] and under-funding of its pension funds, and noted that the city faced rising fixed operating costs yet lacked plans for new revenue.<ref name=downgrade>{{cite news |title=City Budget Problems Lead to Credit Downgrade |first=Mick |last=Dumke |date=August 5, 2010 |url=http://www.chicagonewscoop.org/city-budget-problems-lead-to-credit-downgrade/ |agency=Chicago News Cooperative |access-date=November 27, 2018 |archive-url=https://web.archive.org/web/20171201042408/http://www.chicagonewscoop.org/city-budget-problems-lead-to-credit-downgrade/ |archive-date=December 1, 2017 |url-status=dead  }}</ref> [[Wall Street]] analysts noted that the Daley administration began drawing on the city's reserves as early as 2006, before the [[2008–2012 global recession]].<ref name=analysis/> "While there had been sound economic growth in years prior to 2008, there were still sizable fund balance drawdowns in both 2006 and 2007," Fitch wrote.<ref name=downgrade/> The city's budgets continued to increase even after the recession began, to more than $6 billion{{efn|{{inflation|US-GDP|6000000000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} a year, and, when under-funded city employee pension funds were included, the city's annual [[Government budget deficit|deficit]] exceeded $1 billion.<ref name=analysis/> In January 2011, [[Moody's Investors Service]] downgraded to a "negative" outlook some of the revenue bonds issued for the $15 billion{{efn|{{inflation|US-GDP|15000000000|2011|fmt=eq}}{{inflation/fn|US-GDP}}}} [[O'Hare Modernization Program#Modernization plan|O'Hare Modernization Program]] and related infrastructure projects, citing the city's plan to postpone repayment of interest and principal on some construction bonds.<ref>{{cite news |title=O'Hare expansion bonds' outlook downgraded; Moody's warns of mounting risks that Chicago is taking by going deeper into debt to build more runways at O'Hare without financial support from airlines |date=January 10, 2011 |first=Jon |last=Hilkevitch |newspaper=[[Chicago Tribune]] |url=https://www.chicagotribune.com/2011/01/10/ohare-expansion-bonds-outlook-downgraded/}}</ref><ref>{{cite news |title=Chicago's Downgraded Bond Rating Means Trouble for O'Hare Modernization |date=January 11, 2011 |first=Joanie |last=Lum |publisher=FOX Chicago News |url=http://www.myfoxchicago.com/story/17809497/chicagos-downgraded-bond-rating-means-trouble-for-ohare-modernization |url-status=dead |archive-url=https://web.archive.org/web/20131020182325/http://www.myfoxchicago.com/story/17809497/chicagos-downgraded-bond-rating-means-trouble-for-ohare-modernization |archive-date=October 20, 2013  }}</ref>

In his annual budget address in City Council Chambers on October 15, 2008, Daley proposed a 2009 budget totaling $5.97 billion,{{efn|{{inflation|US-GDP|5970000000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} including not filling 1,350 vacancies on the 38,000 employee city payroll and $150 million{{efn|{{inflation|US-GDP|150000000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} in new revenue from a then-obscure parking meter lease deal to help erase a $469 million{{efn|{{inflation|US-GDP|469000000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} budget shortfall.<ref>{{cite news |date=October 15, 2008 |title=Daley budget includes parking tax hike, layoffs |first=Dan |last=Mihalopoulos |newspaper=[[Chicago Tribune]] |url=http://newsblogs.chicagotribune.com/clout_st/2008/10/daley-budget-ex.html}}</ref><ref>{{cite news |date=October 31, 2008 |title=Aldermen gripe louder about Daley budget cuts |first=Dan |last=Mihalopoulos |newspaper=[[Chicago Tribune]] |url=http://newsblogs.chicagotribune.com/clout_st/2008/10/aldermen-gripe.html}}</ref> The Daley administration employed an in-house staff of more than 50 [[public relations]] officers across City departments at a cost of $4.7 million,{{efn|{{inflation|US-GDP|4700000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} and millions more on seven private public relations firms. "It's worth it", Daley said.<ref>{{citation |title=Daley's PR machine; Budget cuts not affecting city's public relations efforts City message coming from a lot of messengers |first=Dan |last=Mihalopoulos |newspaper=[[Chicago Tribune]] |date=October 12, 2008 |url=http://newsblogs.chicagotribune.com/clout_st/2008/10/budget-cuts-not.html}}</ref><ref>{{Citation |title=Daley reins in radicals -- the Chicago Way |date=October 12, 2008 |first=John |last=Kass |author-link=John Kass |url=https://www.chicagotribune.com/2008/10/12/daley-reins-in-radicals-the-chicago-way/ |newspaper=[[Chicago Tribune]]}}</ref> On the first day of City Council hearings on Daley's 2009 budget proposal, several aldermen questioned the administration's public relations spending.<ref>{{Citation |title=Aldermen bash city's spending of millions on public relations |date=October 21, 2008 |first=Dan |last=Mihalopoulos |newspaper=[[Chicago Tribune]] |url=http://articles.chicagotribune.com/2008-10-21/news/0810200319_1_aldermen-city-contracts-mayor-richard-daley|archive-url=https://web.archive.org/web/20120812032125/http://articles.chicagotribune.com/2008-10-21/news/0810200319_1_aldermen-city-contracts-mayor-richard-daley|url-status=dead|archive-date=August 12, 2012}}</ref> On November 4, 2008, Jacquelyn Heard, the mayor's [[press secretary]], said the city would halt spending on 10 public relations contracts that could have paid as much as $5 million{{efn|{{inflation|US|5000000|2008|fmt=eq}}{{inflation/fn|US-GDP}}}} each.<ref>{{Citation |title=After some bad press, Daley cuts outside PR; Aldermen balk at paying millions to private firms |date=November 5, 2008 |first=Dan |last=Mihalopoulos |newspaper=[[Chicago Tribune]] |url=https://www.chicagotribune.com/2008/11/05/after-some-bad-press-daley-cuts-outside-pr/}}</ref><ref>{{Citation |title=Change in city's PR department |date=November 5, 2008 |first=Dan |last=Mihalopoulos |newspaper=[[Chicago Tribune]] |url=https://www.chicagotribune.com/2008/11/05/change-in-citys-pr-department/}}</ref>

In his annual budget address on October 21, 2009, Daley projected a deficit for 2009 of more than $520 million.{{efn|{{inflation|US-GDP|520000000|2009|fmt=eq}}{{inflation/fn|US-GDP}}}} Daley proposed a 2010 budget totaling $6.14 billion,{{efn|{{inflation|US-GDP|6140000000|2010|fmt=eq}}{{inflation/fn|US-GDP}}}} including spending $370 million{{efn|{{inflation|US-GDP|370000000|2010|fmt=eq}}{{inflation/fn|US-GDP}}}} from the $1.15 billion{{efn|{{inflation|US-GDP|1150000000|2010|fmt=eq}}{{inflation/fn|US-GDP}}}} proceeds from the parking meter lease.<ref>{{cite news |date=October 21, 2009 |title=Mayor Richard Daley: It's more responsible to tap parking meter reserves than raise taxes |first1=Dan |last1=Mihalopoulos |first2=Hal |last2=Dardick |first3=John |last3=Byrne |url=http://newsblogs.chicagotribune.com/clout_st/2009/10/mayor-richard-daley-to-unveil-budget-this-morning.html |newspaper=Chicago Tribune}}</ref> In his annual budget address on October 13, 2010, Daley projected a deficit for 2010 of $655 million,{{efn|{{inflation|US-GDP|655000000|2010|fmt=eq}}{{inflation/fn|US-GDP}}}} the largest in city history.<ref>{{cite news |title=Daley talks legacy in 2011 budget address |date=October 13, 2011 |url=https://abc7chicago.com/archive/7722028/ |work=WLS ABC News |first=Charles |last=Thomas |access-date=August 31, 2019 |archive-url=https://web.archive.org/web/20101020023913/http://abclocal.go.com/wls/story?section=news%2Flocal&id=7722028 |archive-date=October 20, 2010 |url-status=live }}</ref> Daley proposed a 2011 budget totaling $6.15 billion,{{efn|{{inflation|US-GDP|6150000000|2011|fmt=eq}}{{inflation/fn|US-GDP}}}} including spending all but $76 million{{efn|{{inflation|US-GDP|76000000|2011|fmt=eq}}{{inflation/fn|US-GDP}}}} of what remained of the parking meter lease proceeds, and received a standing ovation from aldermen.<ref name="guts">{{cite news |last=Mihalopoulos |first=Dan |date=October 13, 2010 |title=Daley's Budget Guts Parking Meter Deal Funds |agency=Chicago News Cooperative |url=http://www.chicagonewscoop.org/daleys-budget-guts-parking-meter-deal-funds/ |url-status=dead |access-date=November 27, 2018 |archive-url=https://web.archive.org/web/20171219214819/http://www.chicagonewscoop.org/daleys-budget-guts-parking-meter-deal-funds/ |archive-date=December 19, 2017}}</ref><ref name=fester>{{cite news | url=https://www.nytimes.com/2010/10/31/us/31cncway.html | title=Parking Matter Still Festers | date=October 30, 2010 | access-date=December 1, 2012 | author=Dumke, Mick | newspaper=[[New York Times]]}}</ref>

==== Daley declines to run for seventh term ====
Daley's approval rating was at an all-time low of 35% by late 2009.<ref name=dream>{{cite news |url=https://www.chicagotribune.com/2009/10/04/daleys-dream-dashed-dream-dashed-2/ |title=Chicago Olympic dream dashed; Mayor Richard Daley sought the 2016 Games to solve myriad problems. Now what? |first=Dan |last=Mihalopoulos |work=[[Chicago Tribune]] |date=October 14, 2009}}</ref> On September 7, 2010, Daley announced that he would not seek a seventh term.<ref>{{cite news |title=Text of Daley's announcement |date=September 7, 2010 |first=Richard M. |last=Daley |url=http://articles.chicagobreakingnews.com/2010-09-07/news/28517276_1_great-city-chicagoans-public-servant |newspaper=[[Chicago Tribune]]}}</ref><ref>{{cite news |title=Chicago Mayor Daley won't run for re-election |first=Tammy |last=Webber |work=[[The Guardian]] |date=September 7, 2010}}</ref><ref>{{cite news | url=https://www.nytimes.com/2010/09/08/us/politics/08daley.html | title='Mayor for Life' Decides Not to Run in Chicago | date=September 7, 2010 | access-date=December 1, 2012 | author=Saulny, Susan | newspaper=[[New York Times]]}}</ref> "I've always believed that every person, especially public officials, must understand when it's time to move on. For me, that time is now," Daley said.<ref name=commentary/><ref>{{cite news |title=Daley won't run for re-election: 'I have done my best' |date=September 7, 2010 |url=http://articles.chicagobreakingnews.com/2010-09-07/news/28517264_1_mayor-s-press-office-chicago-city-hall |first=John |last=Byrne |newspaper=[[Chicago Tribune]]}}</ref><ref name="tmagazine">{{cite magazine|url=http://www.time.com/time/nation/article/0,8599,2016992,00.html|archive-url=https://web.archive.org/web/20100911050717/http://www.time.com/time/nation/article/0,8599,2016992,00.html|url-status=dead|archive-date=September 11, 2010|title=Chicago and the Legacy of the Daley Dynasty |last=Reiss|first=Dawn|date=September 9, 2010|magazine=Time|access-date=September 9, 2010}}</ref> On December 26, 2010, Daley surpassed his father as Chicago's longest-serving mayor.<ref name="tmagazine"/><ref>{{cite news |url=http://seattletimes.com/html/nationworld/2013772347_apuschicagomayordaleytenure.html |title=Daley now Chicago mayor 1 day longer than father |agency=[[Associated Press]] |date=December 26, 2010 |newspaper=[[Seattle Times]]}}</ref> Daley chaired his final city council meeting on Wednesday morning, May 11, 2011. His term ended on May 16, 2011, and he was succeeded by [[Rahm Emanuel]].