Chicago's $161 million deficit
Mayor Brandon Johnson's already gaping budget hole will be even tougher to fill heading into next year as City Hall officials on Monday closed the book on the 2024 fiscal year, showing the city's gene City Hall budget officials say major sources of revenues in the city's general fund came in far lower than anticipated. Chicago ended 2024 with a $161 million deficit Mayor Brandon Johnson's already gaping budget hole will be even tougher to fill heading into next year as City Hall officials on Monday closed the book on the 2024 fiscal year, showing the city's general fund was $161 million underwater. Read Story © Copyright 2025 Chicago Tribune. All rights reserved. 1000 Albion Avenue | Schaumburg, IL 60193-4549 Unsubscribe