Chicago Alderpersons Challenge Johnson's Plan for $75 Million Pension Allocation

Chicago alderpersons challenge Johnson's plan for $75 million pension allocation

Mayor Brandon Johnson is facing renewed budget pressure from members of the Chicago City Council over how to use $75 million from the city's parking meter deal.

Special Council meeting could blow $75 million hole in Mayor Johnson’s budget – Chicago Sun-Times – Wirepoints

Alderpeople Pat Dowell, Scott Waguespack and Nicole Lee want to compel Mayor Brandon Johnson to use the $75 million up-front payment from Stonepeak they negotiated in the parking meter deal without the mayor’s help to be applied to the 2026 city budget as an extra payment that chips away at the city’s $36 billion pension crisis. Without consulting the City Council, Johnson earmarked the $75 million windfall to help defray the cost of the $363 mi…

Aldermen seek to take control of parking meter money from Mayor Brandon Johnson

Aldermen opposed to Chicago Mayor Brandon Johnson are forcing a special meeting to try to wrest control over how a $75 million payment from renegotiating the parking meter deal is spent.

Special City Council meeting could blow a $75M hole in Mayor Johnson's pre-election budget

<p>Three City Council leaders who negotiated the compromise that sweetened Stonepeak Partners’ $2.53 billion deal to acquire Chicago's parking meters are calling a special City Council meeting on Monday to take action that could blow a $75 million hole in Mayor Brandon Johnson’s tax-heavy budget.</p><p>Finance Chair Pat Dowell (3rd), her predecessor Scott Waguespack (32nd) and Ald. Nicole Lee (11th) want to compel Johnson to use the $75 million …

Special Council meeting could blow $75 million hole in Mayor Johnson’s budget

Three City Council leaders who negotiated the compromise that sweetened Stonepeak Partners’ $2.53 billion deal to acquire Chicago’s parking meters are calling a special City Council meeting Monday to take action that could blow a $75 million hole in Mayor Brandon Johnson’s tax-heavy budget. Finance chair and 3rd Ward Ald. Pat Dowell, Ald. Scott Waguespack (32nd), who preceded Dowell as Finance chair, and Ald. Nicole Lee (11th) want to compel Joh…