Chicago Budget 2024 In

Chicago Budget 2024 In

Chicago Budget 2024 In. Obm prepares and implements the city of chicago’s annual budget. 13, mayor brandon johnson released a budget forecast projecting that the city will face a $538 million budget shortfall in 2024.


Chicago Budget 2024 In

In 2024, chicago will make more than $2.8 billion in pension contributions and spend $2.1 billion on debt service costs. Mayor brandon johnson’s first budget, which took effect monday, includes no new taxes, fees or service cuts, which ensured it passed in november with the overwhelming support of the chicago city council.

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