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future budget cyclesChicago Tribune
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76% Informative
Mayor Brandon Johnson's budget for next year : 2026 .
City Council members both for and against it warned the chaos and delays that punctuated the past few months may pale in comparison to the intractable problems waiting with the next one.
Aldermen tapped many of the most accessible budget-balancing tools this year , making a property tax hike a potentially more necessary tool.
S&P put Chicago on credit watch and warned there was a 2 -to-1 chance of a downgrade if it relied too much on short-term fixes to plug its gap.
A downgrade isn’t only a reputational hit, it increases the city’s cost to borrow money for long-term projects.
The city should not face a credit downgrade, she said, arguing structural imbalances long predate Johnson .
VR Score
81
Informative language
81
Neutral language
41
Article tone
informal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
no affiliate links