It is not clear exactly when Bally’s will be able to open a temporary casino in the century-old Shriner’s temple at 600 N. Wabash Ave., with its distinctive domed ceilings and stained-glass windows. A Chicago landmark since 2001, the temple was most recently home to a Bloomingdale’s furniture store.
The plan released Wednesday kicks off a debate between progressive political organizations and the mayor they helped elect on how best to achieve the goals they all share.
The projections detailed by outgoing Mayor Lori Lightfoot represent a significantly rosier financial picture for Chicago than the forecast released in August, when city officials projected a likely budget gap of $473.8 million in 2024.
The Chicago Police Department spent at least $210.5 million on overtime, 56% more than in 2021 and more than double the $100 million earmarked for police overtime set by the Chicago City Council as part of the city’s 2022 budget, according to data obtained by WTTW News.
Demolishing the record set in each of the past two years, $1.22 billion poured into the city’s 129 TIF funds in 2021, according to a report from the office of the Cook County Clerk.