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The city of Chicago is facing a massive budget shortfall of nearly one billion dollars for 2025. ... The paperwork also shows that the city spent more than $43,000 on office furniture alone.
(The Center Square) – Although the Chicago City Council passed a budget for 2025 this week, the city’s financial problems are not going away. Chicago taxpayers are looking at a billion-dollar ...
(The Center Square) – The Chicago City Council could approve a new budget with more than $230 million in tax increases before the end of the week. Before a fire alarm went off in the council ...
Generally speaking, the mayor and city departments comprise the executive branch of the city government, and the city council comprises the legislative branch. [3] However, the mayor does have some formal legislative functions such as being the presiding officer of the council and being able to break tie votes, and informally has dominated legislative activity since the late 19th century.
In May 2009, Chicago became the first US city to ban the sale of products containing bisphenol A (BPA), [6] [7] [8] a disputed chemical used in many plastics. [9] The Chicago City Council adopted an ordinance proposed by Flores and Alderman Edward M. Burke to ban the sale of baby bottles and cups manufactured with BPA.
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.
CHICAGO — Mayor Brandon Johnson needs the approval of 26 of the city’s alders to pass his proposed budget. But if a group of them who signed onto a letter to him stay true to their word, he ...
Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council ...