Mayor Lori Lightfoot To Present 2021 Budget Plan On Oct. 21, One Week Later Than Originally ScheduledThe city is facing a projected shortfall of $1.2 billion in 2021, including more than $780 million in tax revenue lost to the pandemic.
Mayor Lori Lightfoot Announces $800 Million Budget Gap For 2020, $1.2 Billion For 2021 As Pandemic Ravages City FinancesThe mayor said COVID-19 has caused the city to lose approximately $780 million in revenue, accounting for the vast majority of next year's budget gap.
Chicago Has Nearly Tripled Police Spending Per Capita Since 1964For activists and city leaders calling on Mayor Lori Lightfoot to cut the police budget, it’s clear that the money could be better spent elsewhere.
Mayor Lori Lightfoot Projects $700 Million Budget Deficit This Year Due To COVID-19“That’s a sobering number, and it presents a sobering challenge any way you look at it,” Lightfoot said Tuesday afternoon at City Hall.
Civic Federation's Laurence Msall: Staggering Unemployment Claims Will Put Major Strain On Illinois, Chicago BudgetsThe math is staggering – according to the U.S. Department of Labor, there were 114,663 unemployment claims in Illinois alone last week amid the coronavirus crisis.
Despite Criticism Her Spending Plan Is 'Smoke And Mirrors,' Mayor Lori Lightfoot's 2020 Budget Sails Through City CouncilDespite opposition from many progressive aldermen that her spending plan does not include more taxes on the wealthy, the City Council approved the mayor's $11.65 billion budget plan by a 39-11 vote on Tuesday.
Lightfoot's Budget Set For Final Approval Next Week, Mayor 'Very Confident' Feds Will Approve $163 Million For Ambulance ServicesAs her 2020 budget plan moved one step closer to final approval on Wednesday, Mayor Lori Lightfoot shrugged off criticism that it relies in part on federal funding that remains uncertain.
Mayor Lori Lightfoot's 2020 Budget Plan, Including Minimum Wage Hike, Sails Through Budget CommitteeMayor Lori Lightfoot’s budget plan for 2020 cleared its first hurdle on Monday, including her plan to raise the city’s minimum wage to $15 an hour by 2021, on a unanimous vote by the City Council Budget Committee.
With Budget Help Unlikely In Springfield, Mayor Lori Lightfoot Lays Out Alternatives To Avoid Bigger Property Tax HikeWith the odds increasingly unlikely Springfield will come through with her request for an increase in the taxes on property sales, Mayor Lori Lightfoot plans to seek a handful of new cuts and other cost-saving measures to make up for the $50 million in revenue she was counting on to balance the city's 2020 budget.
Lightfoot Headed To Springfield To Lobby For Her Agenda; Changes To Chicago Casino And Real Estate Transfer TaxThe mayor is expected to meet with Gov. JB Pritzker and legislative leaders in an effort to pass her legislative agenda during veto session this week.
Pastor, Community Activist Urge Mayor To Rethink Tax Hike For Rideshare Services“This tax will burden our community. Neighborhoods that simply have been burdened enough will be burdened even more by a tax like this,” community activist Tim Jones said Tuesday at City Hall.
Aldermen Urge CPD To Reconsider Budget Cuts To Community Policing, Even Though No Layoffs Are IncludedA handful of aldermen suggested the department instead should be considering an increase in the community policing budget, given its focus on improving its relationship with the community.
CPD Budget To Swell To Over $1.7 Billion In 2020 Budget
Mayor Lori Lightfoot Says 2020 Budget Plan Doesn't Include Large Property Tax Hike, But Needs Help From SpringfieldThe mayor's plan relies on the Illinois General Assembly to approve a graduated real estate transfer tax, revisions to the Chicago casino plan, and statewide pension reform.
Minimum Wage Hike, Changes To Water Bills, Higher Parking Meter Fees; What Else Is In The 2020 City Budget?Here are just some of the ways the mayor's 2020 budget proposal would impact Chicago residents.