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The budget takes effect Jan. 1, 2023, approximately two months before Mayor Lori Lightfoot is set to ask voters for a second term as Chicago mayor, does not include a property tax hike to keep up with the soaring rate of inflation, or any other tax or fee hikes.
Representatives of the city’s Department of Transportation and the Budget Office declined to provide WTTW News with a full breakdown of spending during 2021 and 2022 under the banner of Chicago Works.
Mayor Lori Lightfoot’s plan to close a projected $170.6 million budget gap in 2023 relies on booming tax revenues that she said proves Chicago’s budget has fully recovered from the economic catastrophe caused by the COVID-19 pandemic.
One year after the Chicago City Council approved what Lightfoot calls the Chicago Recovery Plan, city officials have spent just $130.5 million of the $1.227 billion earmarked for a host of programs including affordable housing, mental health, violence prevention, youth job programs and help for unhoused Chicagoans, according to data released as part of the mayor’s 2023 budget
A coalition of progressive groups has been working for nearly a year to prevent Mayor Lori Lightfoot from being re-elected by uniting behind a single candidate. Nothing in the Lightfoot’s spending plan is likely to alter that determination — and may give them more ammunition to use against the mayor.