chicago budget deficit

Mayor Lori Lightfoot announced Saturday that after conversations with the Chicago Federation of Labor, the city’s 2021 budget will not include layoffs of any City workers.

Chicago Mayor Lori Lightfoot released her annual budget proposal Wednesday, revealing for the first time her plan to tackle the city’s estimated $1.2 billion shortfall with layoffs and a property tax increase, among other cost-cutting and revenue-generating measures. NBC 5 Political Reporter Mary Ann Ahern has more.

Mayor Lori Lightfoot delivered her proposed budget Wednesday, addressing a $1.2 billion shortfall for the city of Chicago.

Chicago City Council passed Mayor Lori Lightfoot’s budget Wednesday, voting in favor of her proposal to fill an $838 million deficit in the coming year. Though Lightfoot’s budget proposal passed the City Council, 11 aldermen voted against it – a relatively signficant number considering it did not include what she called a “meaningful” but politically unpopular property tax increase.

In her first budget address on Wednesday, Chicago Mayor Lori Lightfoot revealed new details of her long-awaited proposals to fill an $838 million gap in the city’s budget, saying her plan would not “meaningfully” raise property taxes – but sending state lawmakers a dire warning ahead of the upcoming veto session. Lightfoot first revealed the severity of what she has...

While teachers marched, Chicago Mayor Lori Lightfoot was focused on her first city budget address, delivering the speech Wednesday. NBC 5’s Mary Ann Ahern has more on what the mayor needs from Springfield. 

In her first budget address on Wednesday, Chicago Mayor Lori Lightfoot revealed new details of her long-awaited proposals to fill an $838 million gap in the city’s budget. Kye Martin reports.

Chicago Mayor Lori Lightfoot delivered her first budget address Wednesday, outlining her plan to fill an $838 million gap in the fiscal year beginning Jan. 1. Her full remarks, as prepared for delivery, can be read here.

Chicago Mayor Lori Lightfoot delivered her first budget address Wednesday, outlining her plan to fill an $838 million gap in the fiscal year beginning Jan. 1. Her full remarks, as prepared for delivery, can be read here.

Chicago Mayor Lori Lightfoot is scheduled to deliver her first budget address on Wednesday, unveiling the long-awaited details of her proposals to fill an $838 million gap in the city’s budget for the fiscal year beginning Jan. 1. Lightfoot first revealed the severity of what she has called a “fiscal crisis” in a state of the city address in August,...