debt

Chicago

CPS Unveils Balanced $10.25 Billion Budget for 2026, Closing $734 Million Deficit Without Cutting School Funds

Silence DoGood - August 27, 2025

The proposed budget, scheduled for a Board of Education vote Thursday, comes after months of hearings and surveys that gathered input from families, staff, and community members. #budget

Chicago

Chicago pension debt climbs to $36B, up 13% in five years

Silence DoGood - July 10, 2025

The 2024 Annual Comprehensive Financial Report for the city of Chicago now pegs the city’s unfunded liabilities at almost $36 billion, even after overall debt has dipped by $1.3 billion over the last year. #pension

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