Economics ❯Public Finance ❯Budget Deficits

Revenue Sources

Taxation Government Spending State Funding Tax Policy Coal Royalties

Chicago Public Schools Previews Major Service Reductions as Budget Deadline Nears

A $569 million gap remains as CPS finalizes its budget plan for an August 28 vote

San Diego Council Approves $6.09 Billion Fiscal 2026 Budget Despite $258 Million Deficit

Illinois Lawmakers Focus on Closing $770M Gap for Chicago Transit

San Diego Mayor’s Final FY2026 Budget Sparks Council Debate Over Service Cuts

Chicago Mayor Presses Springfield Leaders for Budget Support as Deadline Looms