Residents Express Worry About Chicago Budget Shortfall

Chicago City Hall
By WBBM Newsradio 780 AM & 105.9 FM

CHICAGO (WBBM NEWSRADIO) -- With a projected $838 million budget shortfall facing the city of Chicago in next year’s budget, Mayor Lightfoot’s administration held a town hall Wednesday evening on the Northwest Side.

Many of the residents attending the meeting at the Copernicus Center were worried about what the city would have to do to close that budget gap.

Some residents expressed concerns about higher taxes and fees, while others worried about reduced city services.

Mayor Lightfoot says some ways the city could reduce the budget shortfall are the proposed city casino; money from legalized recreational marijuana and a congestion tax on drivers who commute downtown.

Lightfoot adds unless the city gets help from the state, other options might include a property tax hike.