The City Council will also weigh paying $325,000 to resolve a separate lawsuit filed by a man who was shot and wounded by a Chicago Police officer in March 2018 while suffering a mental health crisis.

Demolishing the record set in each of the past three years, $1.3 billion poured into the city’s 127 TIF funds in 2022, according to a report from Cook County Clerk Karen Yarbrough.

No current or former members of the Chicago Board of Education attended Wednesday's marathon session of the City Council’s Education Committee, even after some City Council members threatened to hit them with subpoenas to require them to appear.

“A generation-long persistence in structurally imbalanced budgets, coupled with high pension and debt burdens, mean the city will face enormous budget shortfalls in the coming years,” wrote Joseph Ferguson, the head of the nonpartisan budget watchdog group and the city’s former inspector general.

CPS CEO Pedro Martinez said during an appearance on WTTW News’ “Chicago Tonight” he has repeatedly urged the mayor to use funds from the city’s TIF districts instead of borrowing money or making cuts to classrooms.

“I’m not going to cut, and take away, layoff, fire, privatize so that other people can benefit, and the people of Chicago can lose,” Mayor Brandon Johnson said. “Not under my watch.”

“This is still very much a frustration I have,” Mayor Brandon Johnson said. “I’ve been in conversations with the superintendent, with our budget director to come up with better systems.”

The city is on pace to spend at least $258 million on police overtime by the end of the year, even as officials imposed limits on overtime for all city departments, except for police and the Chicago Fire Department, amid a massive budget crunch.

Chicago taxpayers have paid $74.4 million since 2019 to resolve lawsuits involving police pursuits, with the city’s insurance coverage paying an additional $25 million, according to a WTTW News analysis.

Those in favor of the expansion believe the TIF district could help fix economic and developmental challenges, while those opposed think it may further gentrify the community and push long-standing residents out of the beloved enclave.

During the past week, CPS CEO Pedro Martinez has written three times to parents, staff and students, and in each letter, he has promised that he will not close any schools while at the helm of CPS, even as he acknowledged compiling a list of schools that could be closed as part of an effort to compile a five-year strategic plan.

Mayor Brandon Johnson burned a significant amount of political capital to convince the Chicago City Council in April to appropriate an additional $70 million, which the city did not need after a feared surge of migrants failed to materialize.

A spokesperson for Mayor Brandon Johnson declined to comment on whether he had asked CPS CEO Pedro Martinez to resign, citing the mayor’s policy of not commenting on personnel matters. A spokesperson for Martinez declined to comment.

If the verdict is upheld, it would be equivalent to more than 60% of Chicago’s annual $82 million budget to cover the cost of police misconduct lawsuits.

The move was announced Monday by Annette Guzman, the city’s budget director, and comes as city leaders stare down a $222.9 million deficit this year and a projected $982 million shortfall in the 2025 fiscal year.

“There are sacrifices that will be made,” Mayor Brandon Johnson said.