Mayor Lightfoot announces budget with no property tax hikes, claims revenues vastly higher than projections

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Mayor Lightfoot announces budget with no property tax hikes, claims revenues vastly higher than projections
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on Monday, and whether it was a good-news city budget or smoke and mirrors depends on whom you ask.

"Our city is as strong and resilient as ever before," Mayor Lightfoot said as she presented the budget to the City Council Monday. "I think the budget has been padded. I think projections are being over-inflated." Beale said."What's going to happen is after the election – win or lose – if you lose, then it's the next person's problem to deal with. If you win, then you come back and do a mid-year adjustment to the budget."

"I think people will want to really take apart the increases in public safety – how that money is going to be utilized by the Police Department," Dowell said."What are we getting from that?" Other new investments would include $10 million to improve the city's information technology systems, $5 million for a program helping migrants who are being bused to the city – and perhaps most significantly, a $242 million pension payment over and above what is owed, which Lightfoot said will save the city billions.

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