One issue loomed in aldermen’s anxious speeches last week in the lead-up to a vote on Mayor Brandon Johnson’s budget for next ...

The credit scoring agency says it doesn't view the city of Chicago's 2025 $17.1 billion budget as "materially changing its ...

Here's a look at some of the biggest stories to make headlines in 2024, including Mayor Brandon Johnson's clashes with the ...

As the 2025 municipal budget was introduced, the common assumption was either a property tax increase was needed to pay for ...

Although the Chicago City Council passed a budget for 2025 this week, the city’s financial problems are not going away.

Glenview trustees have passed a 2025 budget that includes a 3.5% levy hike that is not expected to increase property taxes ...

Drama surrounding the mayor and CPS CEO Pedro Martinez and the struggle to get a city budget passed are battles that some ...

Chasse Rehwinkel will become CFO of Devon Bank, he announced on Monday. The community bank has locations in Chicago as well ...

The agency stresses that the next couple of years are crucial if it is to avoid resorting to an operating fiscal cliff which would cut services and raise fares.

As tensions build, the outcome could reshape Chicago’s approach to tackling its nearly $1 billion budget deficit.

But they will be just over a year out from reelection when they pass a 2026 budget, meaning they will be even more scared of voter backlash if they resort to it. Chicago has been under threat of ...