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politics

Chicago's Money Managers Need a Boost

January 16, 2026

Chicago is facing a big money problem. In 2027, the city might be short on cash by $1. 17 billion. That's a lot of money! The people in charge, called aldermen, are already working on next year's budget. But they have a big challenge ahead. A few years ago, the city created a team called COFA. This

politics

Chicago's Financial Future: Layoffs Loom as CFO Exits

January 8, 2026

Chicago is in a bit of a pickle. The city's top money manager is leaving, and the mayor is talking about possible job cuts. This is all happening after a recent budget showdown. The mayor, Brandon Johnson, is trying to stay positive about finding a new finance chief, but he's also warning that layof

politics

Chicago's Mayor Takes Bold Steps on Budget and Debt

December 23, 2025

Chicago's Mayor Brandon Johnson has made some big moves recently. He's decided to go ahead with a different budget that the City Council approved. This budget doesn't include a tax on big companies. Even though Johnson didn't sign it, the budget will still become official in a few days. Johnson mad

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