Chicago, IL
Click here for the detailed 2021 Financial State of Chicago (Released 2/7/2023) Use Create Your Own City Chart to see additional financial, demographic and economic data for this and other cities
IN THE NEWSA financial watchdog report estimated each taxpayer in Chicago would need to pay $43,100 to settle the city’s debt. It stands at No. 2 for big U.S. cities. Blame city leaders for repeatedly making pension debt worse.FEBRUARY 4, 2022 | ILLINOIS POLICY INSTITUTE | by Patrick Andriesen Includes: "The authors gave Chicago the 'F' rating because elected leaders have repeatedly made financial decisions that failed to address the city’s growing debt burden, primarily driven by unfunded pension liabilities. " Chicago Mayor Lori Lightfoot spent $281.5 million in federal COVID-19 relief money on police payrollFEBRUARY 1, 2022 | THE CHICAGO TRIBUNE | by Editorial Chicago has second highest debt of US citiesJANUARY 27, 2022 | WBBM NEWS RADIO 780 (ILLINOIS) | by Mike Krauser Chicago’s debt per taxpayer is second highest of top U.S. citiesJANUARY 26, 2022 | CRAIN’S CHICAGO BUSINESS | by Greg Hinz A property tax time bomb is ticking away in ChicagoJANUARY 26, 2022 | THE CHICAGO TRIBUNE | by Paul Vallas Warmer states lure cops from demoralized Chicago Police DepartmentJANUARY 26, 2022 | CENTER ON MEDIA: CRIME AND JUSTICE – JOHN JAY COLLEGE (NEW YORK) | by Editorial Financial State of the Cities 2022JANUARY 25, 2022 READ MORE |