Million
-$144.5
Million
-$123.8
Million
-$84.5
Million
$142.8
Million
$554.8
2026
2025
2024
2023
2022
Budget forecast
Source: Chicago mid-year budget forecast; Photo by Bloomberg
The outgoing Lightfoot administration anticipated a budget surplus this year and modest deficits in the next three years.
The Lightfoot administration budget assumes a return to a previous policy, suspended this year, of raising the property tax levy by the same percentage as the increase in the consumer price index.