Deborah Carroll
The temporary Bally’s casino in River North’s Medinah Temple brought in just over $3 million in tax revenue last year. That’s almost $10 million short of what former Mayor Lori Lightfoot’s administration projected.
After three decades and several mayors pressuring Springfield, Chicago’s first casino officially opened its doors on Saturday. Hopes are high for a big economic boost.
The 2022 spending plan relies on hundreds of millions of dollars in federal COVID-19 relief funding to shore up Chicago’s budget gaps, increases police spending and invests in ward-by-ward community programs. Is it too reliant on federal COVID-19 funding?