Ricardo Munoz’s office to complain about nearly $300 million in tax, fee and fine increases proposed by Mayor Richard Daley are asking questions about the same thing. Separately, $100 million was set aside for human services and neighborhood and business investment programs, from the city’s program to end homelessness to an ex-offender job training initiative. That includes roughly $17 million from the $100 million pot, $50 million from the mid-term annuity and $25 million in interest from the $500 million long-term reserve fund. Reducing debt and creating the long-term reserve prompted all three major credit rating firms — Moody’s Investors Service, Standard & Poor’s and Fitch Ratings — to improve the city’s bond rating. But the federation has objected to using money from the $100 million fund on “a variety of new and existing programs, basically increasing the city’s operating expenses,” he said. read more