Chicago Imposes Citywide Hiring Freeze to Address $1 Billion Deficit
Mayor Johnson announces stringent cost-cutting measures, impacting all departments including police and fire, to close budget gaps.
- The freeze includes halting non-essential travel and limiting overtime expenses outside of public safety operations.
- Chicago faces a $222.9 million deficit this year and a $982.4 million gap projected for next year.
- All city departments, including the police and fire departments, are affected by the hiring freeze.
- The budget shortfall is driven by rising personnel, pension, and contractual costs along with reduced revenue from state taxes.
- Mayor Johnson's proposed budget plan, detailing solutions to the deficit, will be presented to the City Council for approval by the end of 2024.