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 ...

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

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

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 ...

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

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

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

Macquline King, the interim CEO of CPS, said the budget gap for the district has risen to $734 million due to costs related ...