The Fight Back Fund is affiliated with the Local 150 International Union of Operating Engineers, a union that benefits from building and development.
Many in the county’s real estate industry are opposing Kaegi for what they say are unfairly high and business-quashing commercial valuations of property. Kaegi maintains he is simply evening the playing field following years of mismanagement and misguided assessments of properties that hurt lower- and middle-class families.Steele, bucking the Cook County Democratic Party’s support of Kaegi even though the federation is usually close with the party.
In his own campaign statement, Kaegi shot back that Steele’s supporters are supporting the “old way of doing business” to benefit corporate landlords. In the latest quarter that ended on March 31, Kaegi reported about $874,200 in cash on hand while Steele had about $107,100, according to state records. Since then, Kaegi has pulled in about $25,200 and Steele about $1.1 million, though all but $14,000 came from the loan from herself and the Fight Back Fund contribution.
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