In 2019, Chicago paid more than $1.31 billion to its four pension funds benefitting police officers, firefighters, municipal employees and laborers. In 2023, Chicago will pay more than $2.34 billion to the same four funds.
Chicago Finances
Aug 10, 2022 |
Chicago’s financial picture has been buoyed by the city’s red-hot real estate market and nearly $2 billion in federal aid designed to help the city withstand the ravages of the COVID-19 pandemic.
Jul 20, 2022 |
The vote capped months of parliamentary shenanigans and came after a concerted effort by advocates for pedestrians and bicyclists to convince undecided members of the City Council the tickets were an effective way to reduce headline-grabbing and heartbreaking crashes.
Jul 11, 2022 |
Mayor Lori Lightfoot’s office will host three “budget engagement forums” on July 21, July 23 and July 30 to give Chicago residents a chance to “share their priorities regarding city services” and “have a dialogue” with the mayor, budget director and other city officials.
Jul 7, 2022 |
A push to roll back a law hitting drivers who zip past Chicago parks and schools monitored by speed cameras traveling between 6 mph and 9 mph above the limit with $35 tickets is set to get an up-or-down vote by the Chicago City Council on July 20, according to records obtained by WTTW News.
Jun 22, 2022 |
Ald. Jason Ervin (28th Ward) led the push to prevent a vote on the measure Wednesday, using a parliamentary procedure to delay a vote until the City Council’s next meeting, scheduled for July 20. That tactic is often used by members of the City Council to push back an up-or-down vote when the outcome is uncertain.
Jun 21, 2022 |
The proposal now heads to Wednesday’s meeting of the full Chicago City Council, where its prospects are uncertain at best.
Jun 13, 2022 |
Mayor Lori Lightfoot said Monday that her strategy to fill the “significant gaps” in Chicago’s mental health care system that she inherited by expanding city funding for nonprofit organizations — but not reopening city-run clinics — is succeeding.
May 25, 2022 |
The $1.73 billion proposal now heads to the Illinois Gaming Board, which must license Bally’s to operate the Chicago casino set to be built along the Chicago River near Chicago Avenue and Halsted Street.
May 23, 2022 |
The Chicago City Council is expected to give its final stamp of approval to the Bally’s plan on Wednesday, sending the proposal to the Illinois Gaming Board, which must license Bally’s to operate the Chicago casino set to be built near Chicago Avenue and Halsted Street.
May 20, 2022 |
Even though Lightfoot stacked a special City Council committee with her allies to consider the casino proposal, Ald. Tom Tunney (44th Ward) acknowledged Friday that the mayor did not have enough support to advance the plan to build a casino and resort.
May 18, 2022 |
Budget Director Susie Park unveiled the updated budget forecast during Wednesday’s meeting of the City Council’s Budget and Government Operations Committee, which holds a hearing to examine the city’s financial condition every quarter.
May 10, 2022 |
While Mayor Lori Lightfoot and her administration have touted the proposal from Bally’s as the most lucrative proposal the city received and said the casino would be an “iconic” addition to Chicago’s riverfront, members of the City Council continue to greet those claims with skepticism.
May 9, 2022 |
While members of the Lightfoot administration touted the proposal from Bally’s as the most lucrative proposal the city recieved and said the casino would be an “iconic” addition to Chicago's riverfront, nearly all members of a special City Council committee formed to consider the plan greeted those claims with skepticism.
May 5, 2022 |
Lightfoot’s support for a casino on what is now the Chicago Tribune printing plant and newsroom near Chicago Avenue and Halsted Street will bounce the roulette ball to the Chicago City Council to consider Bally’s plan.
Apr 27, 2022 |
The program was narrowly approved after several members blasted Lightfoot’s plan as an election-year stunt that would benefit oil companies without offering Chicagoans real relief from the pain at the pump.
