When asked what advice she had for incoming Mayor Brandon Johnson, Lightfoot said – to some laughs - 'Don't screw it up.'
-- Mayor Lori Lightfoot is leaving her successor a parting gift before leaving office – a strong city budget.
The Mayor's office on Tuesday announced it projects a budget shortfall of just $85 million in 2024. On the city's current trajectory, according to the Mayor's office, the shortfall will be just $21 million by 2026.When asked what advice she had for incoming Mayor Brandon Johnson, Lightfoot said – to some laughs -"Don't screw it up."
"We're delivering this up on a silver platter," Lightfoot said."Continue the work, stay the course, and things will continue to shine bright for the City of Chicago." Lightfoot's announcement does come with a catch. Her projections assume the city's property tax levy will rise to match increases in the cost of living – a controversial policy Lightfoot implemented in 2020.
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Mayor Lori Lightfoot’s parting gift for Johnson: a smaller-than-anticipated budget gapMayor Lori Lightfoot’s financial team said Tuesday the administration is leaving Mayor-elect Brandon Johnson with a projected budget gap of just $85 million for his first year.
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Chicago Mayor-elect Brandon Johnson kicks off Springfield visit with private meetingsChicago Mayor-elect Brandon Johnson wrapped up several hours of meetings with lawmakers from Chicago and across the state Tuesday night as he prepares to address the entire general assembly.
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