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Fiscal Policy New York City Budget Revenue Shortfalls Public Spending Chicago Budget Layoffs Job Cuts Fiscal Year 2026 Chicago City Budget Alternative Budget Proposals Chicago City Council Budget Deficit Financial Planning Housing Policy

Chicago Faces $130 Million Midyear Shortfall Linked to Council-Backed Revenues

The mayor says several council-approved revenue plans produced little or no cash and warns the gap could shape fights over the 2027 budget.

Mamdani and City Council Seal $125.8B Budget That Expands Rental Vouchers

NYC Comptroller Flags $12 Billion Gap as Mamdani Preps Budget

Johnson Warns of Possible Midyear Layoffs as He Questions Council’s 2026 Budget Revenues

NYC Budget Deal Nears After Adams Boosts Immigrant Legal Aid

Lurie’s $15.9B Budget Slashes 1,400 Positions to Bridge $782M Deficit