It will likely cost Chicago taxpayers approximately $52 million in interest to borrow that money and pay off during the next five years, according to estimates provided to the Chicago City Council by Chief Financial Officer Jill Jaworski.

The current proposed budget would impose a monthly $21 per employee tax on companies with more than 200 employees to generate $82 million to fund violence prevention and youth employment programs.

The city’s lawsuit accused DoorDash of advertising delivery services from restaurants without their consent, damaging the restaurants’ reputations and forcing them to scramble to resolve complaints.

Crime in Chicago has been dropping significantly since the COVID-19 pandemic began to wane in 2022, a trend that accelerated after Mayor Brandon Johnson took office in May 2023 and has continued since, according to Chicago Police Department data.

A marathon session before the City Council’s Budget and Government Operations Committee on Monday made it clear there is no easy way to bridge the city’s $1.19 billion projected shortfall, leaving alderpeople across the political spectrum frustrated as the budget debate hits a tipping point.

Mayor Brandon Johnson is calling for more taxes on big companies in his 2026 budget proposal. Under the mayor’s plan, businesses in Chicago with more than 100 employees would have to pay $21 for each employee every month.

S&P, one of a handful of major ratings agencies, revised its rating outlook for Chicago from stable to negative. Mayor Brandon Johnson defended his spending plan proposal as a “structurally sound budget.”

Mayor Brandon Johnson blocked the city’s watchdog from searching for gifts he accepted on behalf of the city without reporting them as required, as required by the city’s ethics ordinance, Inspector General Deborah Witzburg said Tuesday.

The proposal is opposed not only by business groups but also labor organizations, including the Chicago Federation of Labor, which are concerned that the measure would snarl new and expanding businesses in red tape, preventing them from creating new jobs.

Mayor Brandon Johnson is lauding a reported move by Glock Inc. to discontinue its existing line of pistols that can be converted into illegal machine guns after the city filed suit against the firearms manufacturer.

Chicago taxpayers have spent at least $267 million to resolve lawsuits alleging Chicago police officers committed a wide range of misconduct so far this year, according to an analysis of city data by WTTW News.

As aldermen kicked off nearly a month of hearings by quizzing the mayor’s finance team for more than four hours, several alderpeople said they were shocked by the amount of money the mayor had proposed taking from the city’s tax increment financing districts.

Budget negotiations between members of the Chicago City Council have accelerated following Mayor Brandon Johnson’s initial proposal, which he unveiled last week.

Chicago is suing the Trump administration over “unlawful conditions” placed on federal grants that would force the city to abandon diversity, equity and inclusion efforts or risk losing that funding.

In all, CPD’s budget is set to swell to $2.1 billion, increasing by $37.9 million to cover the cost of salary increases required by agreements with unions representing members.

A three-judge panel of the 7th U.S. Circuit Court of Appeals rejected the Trump administration’s request to allow the president to immediately deploy National Guard troops into Chicago.