Mayor Johnson sees budget hole deepen, and takes a big political hit, after Chicago school board’s defiance – Chicago Sun-Times
If the Illinois General Assembly refuses to support progressive revenue sources to help Chicago dig out of its massive budget hole, Johnson confirmed what senior mayoral adviser Jason Lee said nearly a month ago: the mayor will seek a dramatic expansion of the city’s home-rule authority to allow the city to help itself. That might allow Chicago to tax professional services, high-end property transactions or impose a corporate income tax.


The debate over the municipal pension payment and loan consumed the budget process. But CPS faced a deficit outside of these factors in large part because CPS had used $2.8 billion federal COVID relief funding to hire thousands of teachers and other staff — and that money ran out.