Chicago’s 2024 Budget Takes Effect, as Johnson Starts Making ‘Down Payment’ on Promises Amid Migrant Crisis – WTTW (Chicago)

Mayor Brandon Johnson’s first budget includes no new taxes, fees or service cuts, which ensured it passed in November with the overwhelming support of the Chicago City Council. But eliminating a $538 million shortfall while carving out enough to make new investments in mental health services and environmental justice may have been the easy part. The city’s 2024 spending plan sets aside just $150 million to house, feed and care for the men, women and children sent to Chicago from the southern border — less than half of what city officials expected to spend in 2023.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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