Chicago Mayor Lori Lightfoot: ‘No question’ city will need more tax money from residents – Chicago Tribune

“There’s no question we’re going to have to come to the taxpayers and ask for additional revenue. What that ask is, I think remains an open question because we’re still trying to get our arms around how big is the deficit for next year and what can we do to winnow it down,” Lightfoot said. Lightfoot has previously disputed the Emanuel administration’s $700 million estimate, saying, “It’s worse than that,” though her administration has not provided its own estimate. By 2023, Lightfoot will need to come up with nearly $1 billion in additional annual pension payments.