| Source | CBS Local |
|---|---|
| Original Load Date | Aug. 25, 2026, 7 p.m. |
| Last Updated | Aug. 25, 2026, 7 p.m. |
| Original URL | https://www.cbsnews.com/chicago/news/mayor-brandon-johnson-plan-2026-budget-shortfall/ |
Article Preview
Mayor Brandon Johnson on Tuesday unveiled a plan to eliminate the city's $85
million budget deficit for this year.
The mayor said he will refinance about $500 million in city bonds, which will
save Chicago between $65 million and $71 million. The rest of the shortfall will
be covered with leftover ...