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Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy. The total economic output of Chicago in gross metropolitan product totaled US$770.7 billion in 2020, [1][2] surpassing the total economic output of Switzerland and making Chicago's ...
Government of Chicago. The government of the City of Chicago, Illinois, United States is divided into executive and legislative branches. The Mayor of Chicago is the chief executive, elected by general election for a term of four years, with no term limits. The mayor appoints commissioners and other officials who oversee the various departments.
The City Treasurer’s Office is the custodian and manager of all cash and investments for the City of Chicago, the four City employee pension funds, and the Chicago Teacher’s Pension Fund. Additionally, the Treasurer’s Office manages a number of programs that promote financial education and small business growth in Chicago’s neighborhoods.
Roughly $1.4 billion of the $1.7 billion the city collected in property taxes in 2023 was used for pension debts, and keeping the city’s tax levy at its current level will force the mayor to ...
If the Windy City greenlights the project, it would make Chicago the first major U.S. city to launch a municipally owned grocery store to address food inequity, according to the mayor’s office.
Chicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. It has the largest and most diverse finance derivatives market in the world, generating 20% of all volume in commodities and financial futures alone. [15]
Portal. : Chicago/Intro. Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 census, it is the 3rd-most populous city in the United States after New York City and Los Angeles. As the seat of Cook County, the second-most populous county in the U.S ...
Chicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. It has the largest and most diverse derivatives market in the world, generating 20% of all volume in commodities and financial futures alone.
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