Chicago’s Credit Rating Risks Downgrade from S&P on Budget Woes
Chicago’s credit rating is threatened as the city mulls using one-time budget-balancing measures to close a gaping shortfall, ...
Chicago's nearly $1B budget shortfall to be discussed at meeting Tuesday
The City's Budget and Government Operations Committee are set to discuss the massive budget gap of nearly $1 billion.
Yahoo16h
Chicago's budget shortfall crisis to be discussed at committee meeting
The City's Budget and Government Operations Committee are set to discuss the massive budget gap of nearly $1 billion.
Proposed Chicago police resource cuts could land city in court, top officials warn
Chicago Mayor Brandon Johnson's proposed cuts to the police department in specific areas may violate a consent decree forged ...
Aldermen focus on Chicago Fire Department union contract, aging fleet in 2025 budget hearing
Aldermen fretted about the Chicago Fire Department’s aging vehicle fleet and sure-to-be-expensive union contract Tuesday as ...
Chicago owed nearly $20 million in police overtime for special events this year; taxpayers may be on the hook
The police department has spent $22.6 million in overtime this year for officers working special events — only about $2 ...
WBEZ7h
Alders discuss raising taxes on streaming, cloud computing to fill Chicago budget gap
After alders unanimously voted down Mayor Johnson’s $300 million property tax increase, city lawmakers are back at the ...
Willie Wilson: Any property tax increase to balance Chicago’s budget is unacceptable
Any property tax increase is unacceptable, and the City Council should not approve a budget that contains a property tax ...