Worst-case scenario: Chicago budget gap could reach $1.9 billion by 2026 ...Middle East

Chicago’s budget shortfall could skyrocket to $1.9 billion by 2026 if the economy takes a nosedive — and even under the rosiest scenario, the gap between revenue and expenses would be $789 million by then. Mayor Brandon Johnson’s three-year budget forecast is a far cry from the sunny picture painted by his predecessor, Lori Lightfoot, on her way out the door. As reported Tuesday by the Sun-Times, the $85 million 2024 budget shortfall that Lightfoot projected in mid-April has ballooned to $538 million. As the newspaper also reported, contributing factors include: • $200 million tied to Chicago’s burgeoning migrant crisis. • $90 million triggered by Johnson’s decision to get ri

Hence then, the article about worst case scenario chicago budget gap could reach 1 9 billion by 2026 was published today ( Friday 15/09/2023 - 04:36 AM ) and is available on NBC Chicago ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Worst-case scenario: Chicago budget gap could reach $1.9 billion by 2026 )

Last updated : 15 September 2023 clock 04:36 AM

Also on site :

Worst-case scenario: Chicago budget gap could reach $1.9 billion by 2026 ...Middle East

Riz Ahmed Takes Aim at British During Opening Monologue on ‘Saturday Night Live U.K.’: ‘We Like It When Things Are a Little Bit Crap’

'Right of our mothers, sisters': PM Modi asks women to 'pressure' opposition on quota bill

Derek Chisora vs. Deontay Wilder LIVE: Latest updates, results, analysis from heavyweight clash

Dallas Botched Austin Reaves& 039; MRI, According to a Bewildered JJ Redick

Sunday shows preview: Trump ups threats on Iran after saying war ‘near completion’

Shrinking Season 4 Will Have New Story, Same Cast, Show Boss Bill Lawrence Says

Starbucks Is Making a Big Change — And Customers May Notice the Difference

‘Baywatch’ Reboot Cast: Meet the New Stars (and One Returning Face) in Red Suits

Steve Kroft Reveals He “Hated” His Time at ’60 Minutes’

At Easter time, Iranian Christians pray for a new government and freedom of worship as war rages at home

AL East Notes: Corbin, Crawford, Pepiot, Uceta

‘SNL U.K.’ Weekend Update Takes Aim at Facebook Founder Mark Zuckerberg: ‘I Hope He Uses That Bunker in Exactly the Same Way Hitler Did’

Robot Police Dogs Powered by AI Take Over Atlanta& 039;s Streets

Angelina Jolie's Daughter Shiloh, 19, Is Her Twin in Music Video Debut

Irondequoit neighbors worried they could be next after a family was forced to leave their home due to landslide