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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.

Mamdani Unveils $124.7 Billion NYC Budget That Balances 2027 Without Property‑Tax Hike

Johnson Proposes Corporate Head Tax and Digital Ad Levy to Bridge Chicago’s Budget Gap