BUSINESSCHICAGO SUN-TIMES
Chicago ends 2025 with an extra $52 million on the books
Chicago closed 2025 with a $52 million unassigned balance due to spending controls and higher-than-expected revenues, marking a $381 million improvement from 2024. The surplus was reduced by $166 million in retroactive pay raises for firefighters funded through city borrowing, while pension obligations and reserve fund declines remain challenges.
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