Chicago weighs options for city budget revenues

Chicago weighs options for city budget revenues

At a press conference last week, Chicago Mayor Brandon Johnson announced a series of new lobbying priorities. However, none of those new proposals were reflected in city's budget hearings late last year.

New Revenues for Chicago, Mentioned in Budget Hearings, Not On Mayor’s Springfield Agenda

A series of new lobbying priorities announced by Chicago Mayor Brandon Johnson at a press conference last week included tweaks to revenues the city currently receives from the state government, but none of the potential new revenue proposals floated by both his administration and members of City Council during the city’s budget hearings in late 2024.  Revenue was a recurring topic during those contentious hearings, which ran longer than any muni…

Mayor Brandon Johnson’s New Approach to Building Affordable Housing in Chicago Faces Skeptical City Council – WTTW (Chicago)

Mayor Brandon Johnson’s effort to take a new approach to reducing Chicago’s massive affordable housing shortfall by creating a city-owned nonprofit housing developer faced deeply skeptical City Council members. “The concept, the idea, is a good one, but my god the devil is in the details,” said Ald. Brendan Reilly, who compared the act of creating the new nonprofit to handing the keys to a very expensive car to an untested driver.