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Mayor Johnson's first fiscal test: How to fund campaign promises

Chicago's pension crisis worsens thanks to investment losses

Losses from the market downturn were offset somewhat by taxes on sales, transactions, restaurants and amusements, the 2022 financial report from Deloitte & Touche says.

Cook County officials project $121 million shortfall in 2022

Cook County COVID-19 relief funding spent on sheriff's office labor costs

Over the past 11 months of the pandemic, Cook County directed more than 40% of its federal stimulus money toward labor costs for the sheriff’s office, drawing alarm from Black activists who have renewed calls to reallocate law enforcement spending since the death of George Floyd in Minnesota.

Activists 'disappointed and not surprised' after $181.7M of Cook County's coronavirus relief funding spent on reimbursing sheriff's office payroll | Crime and Courts

Over the past 11 months of the pandemic, Cook County directed more than 40% of its federal relief money toward labor costs for the sheriff’s office, drawing alarm from Black activists who have renewed calls to reallocate law enforcement spending since the death of George Floyd in Minnesota. The county was granted more than $428.5 million in April under the federal coronavirus relief bill. About $181.7 million was expensed by the Cook County sheriff’s office for direct “labor costs” such as payroll and benefits, according to a Jan. 31 report posted on the county website. The budget for the sheriff’s office, which runs Cook County Jail, the electronic monitoring of detainees and a small police force, has long been a target for local activists who say taxpayer dollars for a criminal justice system that disproportionately incarcerates Black people should instead be invested in housing, health care, transportation and other initiatives. Those calls, along with s