City of Chicago FY2027 Proposed Budget
The City of Chicago's proposed budget overview for fiscal year 2027, a pre-adoption draft submitted to City Council for consideration.
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The City of Chicago's proposed budget overview for fiscal year 2027, a pre-adoption draft submitted to City Council for consideration.
The meeting was convened to discuss and consider an ordinance regarding the allocation of concession payments among the city pension funds. During the public comment period, speakers provided testimony concerning the allocation of funds from the parking meter sale, specifically advocating for the support of youth jobs, libraries, and city services, while others expressed support for the proposed ordinance.
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The meeting featured a public comment period focusing on the police department budget, concerns regarding police-ICE collaboration, the ongoing superintendent search, and questions about a sound protection pilot program. The commission also authorized a series of future closed sessions in accordance with the Open Meetings Act to discuss personnel matters, appointments, and public office vacancies.
The committee will host a subject matter hearing featuring Ernst & Young to provide updates on various strategies implemented during the 2026 fiscal year within the Office of Budget and Management and other city departments. No votes will be taken during this session.
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