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Mayor Emanuel Releases Annual Financial Analysis Projecting a $114.2 Million Budget Shortfall for 2018

Projected 2018 Operating Budget Shortfall is 82 Percent Reduction from 2011

CHICAGO–(ENEWSPF)–July 31, 2017. Mayor Rahm Emanuel today released the City of Chicago’s 2017 Annual Financial Analysis (AFA), which outlines the City’s revenue and expenditures and shares a picture of the City’s overall financial health, including the progress the City has made to reduce the structural budget deficit and improve Chicago’s long-term financial stability. View slides.

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“The significant reduction in the annual budget shortfall over the…

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