Chicago issues inaugural mid-year budget report showing revenue growth

Chicago issues inaugural mid-year budget report showing revenue growth

The City of Chicago has released its first-ever Mid-Year Budget Report, an initiative intended to provide a detailed look at the city's finances at the midpoint of the fiscal year. Mayor Brandon Johnson announced the report, which has been submitted to the City Council Committee on Budget and Government Operations.The new report offers an analysis of revenue collections, departmental spending, grant funding, and workforce trends through mid-2025…