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.
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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 ...
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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 ...
Michael D. Belsky: Chicago needs a better budgeting process
This is clearly a better way. Michael D. Belsky, a former mayor of Highland Park, lives in Chicago and is an expert on public ...