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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.

Finance Committee Approves Head‑Tax‑Free Budget Plan as Year‑End Shutdown Threat Looms

Chicago Council Sets Rapid Budget Votes as Johnson Narrows Head Tax and Opponents Gain Momentum

Johnson’s Finance Team Rejects Council’s Alternative Budget, Sticks With Corporate Head Tax

Chicago Finance Panel Defeats Johnson’s Tax Package, Leaving 2026 Budget in Limbo

City Council Majority Urges Johnson to Drop Head Tax From 2026 Budget

Johnson Unveils 26 Revenue Options, Including Revived Head Tax, to Bridge Chicago’s $1.12 Billion Gap