Chicago Budget

Financial Crisis Squeezing Civic Budgets

Crain's Chicago Business | Monée Fields-White and Mike Colias | Posted 11.13.2008 | Chicago


Local governments are bracing for deeper budget shortfalls as the financial crisis hammers everything from sales tax revenue to pension funds. The st...

Tightening City Budget Still Has Room For Spin

Chicago Tribune | Dan Mihalopoulos | Posted 11.12.2008 | Chicago


Mayor Richard Daley headed to the lakefront last month to announce his latest environmental plans, accompanied by no fewer than six City Hall represen...

150 Out At City Hall

Chicago Tribune | Todd Lighty and Dan Mihalopoulos | Posted 10.06.2008 | Chicago


Facing a shortage of money needed to run the city, Mayor Richard Daley in July offered a voluntary severance program for non-union workers. The mayor ...

City Debt $420 Million

The Huffington Post | Posted 09.15.2008 | Chicago


Chicago is facing a $420 million budget hole, city budget officials announced Thursday. They project a $141 million shortfall this year that will ball...