Chicago City Budget

City Budget Hole Deepens: Shortfall Could Be $200 Million

Chicago Tribune | Hal Dardick | Posted 04.06.2009 | Chicago


If the economy continues to tank, the city budget could fall $200 million short by year's end, the mayor's top aide said today. A quarter of the way ...

Broke City: Revenues $31 Million Below Expectations (WATCH)

Chicago Tribune | Hal Dardick | Posted 02.02.2009 | Chicago


City government took in tens of millions of dollars less in 2008 than it predicted just a few months ago, which will force further cost-saving measure...

Library Fines May Double

Chicago Public Radio | Tony Arnold | Posted 11.27.2008 | Chicago


Budget hearings continue this morning as Chicago aldermen try to find ways to make up a $469-million deficit. One of the suggestions for bringing in ...

Daley Announces Budget: 900-Plus Layoffs, Higher Taxes

AP | Posted 11.15.2008 | Chicago


Mayor Richard Daley has announced a pared down budget for the city of Chicago that looks to cover a $469 million shortfall. And the mayor told city l...

City Council Asked To Approve Midway Deal At Private Meeting

Chicago Sun-Times | Fran Spielman | Posted 11.02.2008 | Chicago


Chicago aldermen were asked today to give quickie approval to Mayor Daley's $2.5 billion plan to privatize Midway Airport on blind faith -- without an...

Daley Recruits Former Chicago Federal Reserve CEO To Tutor Aldermen On Budget

Chicago Tribune | Dan Mihalopoulos | Posted 11.02.2008 | Chicago


UPDATE The meeting didn't clarify much for aldermen, the Tribune reports. Aldermen who attended a closed-door briefing at City Hall this morning sa...

Chicago's Cost-Cutting Ideas

Chicago Sun-Times | Fran Spielman | Posted 10.16.2008 | Chicago


If too many cooks spoil the broth, the solution to Chicago's budget crisis will be one spoiled stew. Aldermen, union leaders and civic watchdogs are ...