City Hall budget officials say major sources of revenues in the city’s general fund came in far lower than anticipated.

Southwest Side Ald. Marty Quinn (13th) wants to raise the threshold for approving City Hall borrowing from a simple majority, ...

Chicago officials have begun a series of public budget discussions as the city grapples with a deficit of more than $1 ...

Chicago ended 2024 with no unassigned fund balance after CPS skipped a key pension payment, leaving Mayor Johnson with less ...

Chicago officials held the first of four “budget engagement roundtables” designed to gather feedback about the city’s 2026 ...

Some officials think Mayor Brandon Johnson could propose a property tax hike, after proposing one last year before taking it ...

The new figure, announced Thursday by the CEO, includes a $175 million pension payment that Mayor Brandon Johnson needs to ...

(The Center Square) – Chicago officials have begun a series of public budget discussions as the city grapples with a deficit of more than $1 billion. The city hosted its first budget engagement ...

Chicago Public Schools’ budget for the 2025-26 school year, normally released in June, is delayed until at least late July, ...

Chicago had a $161 million deficit in fiscal year 2024, according to the annual comprehensive financial report the city ...