A balanced city budget must be passed by the end of the year. As of Tuesday, Dec. 2, there was no deal in sight with the Dec.
Chicago Mayor Brandon Johnson and the City Council have until Dec. 31 to agree on a budget or risk stark consequences.
Tensions are growing at City Hall amid a lack of consensus on the right mix of cuts and revenue as the calendar ticks toward ...
Chicago marks the anniversary of a financial deal so contentious it’s often referred to as one of the city’s biggest blunders ...
As tensions build, the outcome could reshape Chicago’s approach to tackling its nearly $1 billion budget deficit.
The alders' idea is to move almost all city departments back to their budget allocation from 2020, but to add an inflation ...
As a Dec. 31 deadline looms for Chicago’s budget talks, aldermen got down to the nitty gritty in finding ways to address a ...
Mayoral allies say the mayor is prepared to accept a much smaller property tax increase along with budget cuts the mayor had ...
Chicago plans to bring to market $806 million of bonds on Thursday, a refinancing deal that will help close its fiscal 2024 budget gap.