
Lightfoot Unveils Plan to Help Close $1.2B Budget Gap
Clip: 10/21/2020 | 5m 30sVideo has Closed Captions
The mayor proposes dipping into Chicago’s rainy -ay fund to help fill budget gap.
Mayor Lori Lightfoot’s plan to close a projected $1.2 billion budget gap in 2021 would hike sales and property taxes by $76.4 million, eliminate 1,921 city jobs and dip into the city’s rainy-day fund. WTTW News reporter Heather Cherone has this report.
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Lightfoot Unveils Plan to Help Close $1.2B Budget Gap
Clip: 10/21/2020 | 5m 30sVideo has Closed Captions
Mayor Lori Lightfoot’s plan to close a projected $1.2 billion budget gap in 2021 would hike sales and property taxes by $76.4 million, eliminate 1,921 city jobs and dip into the city’s rainy-day fund. WTTW News reporter Heather Cherone has this report.
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