Use Canceled Blues Fest, House Fest Money To Help Chicagoans With Rent, Mortgage Payments, Aldermen Propose – Block Club Chicago

The order, which has nine co-sponsors, calls on city officials to amend the 2020 Annual Appropriation Ordinance and move the summer festival funds to the COVID-19 Housing Assistance Grant.
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nixit
6 years ago

The expenses for the now-canceled big summer festivals were going to funded (at least partially) by the revenues generated by those same now-canceled festivals. No event means no revenue. By reallocating this expense without a corresponding revenue line item, where will the money come from now?

That’s how budgeting works, right? What am I missing here?

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