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

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 ...

Climate justice” provisions in the Chicago Teachers Union’s (CTU) new contract are colliding with financial reality as the ...

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

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

The city’s final budget engagement roundtable is specifically designed for youth and is scheduled for July 9, from 5:30 pm to ...

The Chicago minimum wage applies to any employer with 4 or more employees. At the same time, the minimum wage for tipped ...

Mayor Brandon Johnson announces 2026 Budget Engagement Roundtable events for Chicagoans' input on city budget priorities.

In all, Chicago owes $35.9 billion to its four employee pension funds representing police officers, firefighters, municipal ...

Chicago Public Schools' interim CEO Macquline King addresses a $730 million budget shortfall, advocating for transparent and ...