The city anticipated a $127.9 million budget shortfall, the smallest in Lightfoot's time in office, and she said no to a tax increase of up to 5%.
Mayor Lori Lightfoot’s 2023 budget includes an increase in funding for the Chicago Police Department, boosted spending for abortion services and no property tax hike — all moves aimed at avoiding negative attention and addressing voter concerns leading into next year’s election.
Lightfoot’s administration last week said revenue for 2022 will come in $134 million above what was projected, “due to improving revenue projections and expected cost savings,” giving the mayor cover to drop her property tax hike. Lightfoot closed that gap — and part of the previous year’s gap — with a portion of the $1.9 billion in COVID-19 federal relief money Chicago received, a one-time source of revenue.
The department’s headcount is not slated to increase much in Lightfoot’s proposal. This year’s budget allowed for 14,102 full time positions; the recommendation for next year is 14,132.
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