Trending...
- Author Deric Whaley's book 'The Ride' gives unique insider view on prison life
- Agency EA Appoints Dee Hall to Board of Directors
- Enable Accessible Haircare Wins Bronze at 2025 NACD Packaging Awards
CHICAGO ~ Chicago Mayor Brandon Johnson took a major step towards addressing the city's fiscal challenges by signing Executive Order No. 2025-1 today. The order launches a comprehensive initiative aimed at ensuring a financially sustainable future for Chicago.
The executive order establishes a working group, consisting of representatives from the local business community, non-profits, civic organizations, Chicago's labor community, and City Council. This diverse group of stakeholders will work together to provide key recommendations on streamlining operations, enhancing service delivery, and evaluating potential revenue strategies to address the city's structural budget gaps.
Mayor Johnson emphasized the importance of collaboration in tackling these challenges. "Our city faces two challenges: a structural deficit and a hostile federal administration that has threatened to cut off billions in funding for Chicagoans," he stated. "This executive order is about bringing Chicagoans together so that we can continue the critical work of investing in our people."
The working group will be led by the Office of Budget and Management (OBM) and will present a preliminary report of its findings and recommendations by August 31, 2025. A final comprehensive report is expected by May 31, 2026. The initiative prioritizes community engagement and transparency to ensure that all voices and needs are considered in the proposed reforms.
More on illi News
Budget Director Annette Guzman expressed confidence in the working group's ability to generate sustainable solutions. "This working group represents a historic opportunity to rethink and recalibrate how we manage public funds," she said. "By collaborating closely with business, civic, labor, and community leaders, we are ensuring a diverse set of stakeholders are at the table lending their collective expertise to help solve the fiscal challenges facing our city."
Upon receiving the preliminary report, OBM will work with City departments to implement actionable recommendations as part of the FY2026 budget planning process. The office will also oversee the execution of recommendations incorporated into the final approved budget to ensure meaningful and measurable improvements.
The launch of this initiative marks a significant milestone in Chicago's ongoing efforts to create a more resilient, effective, and equitable government. The City is committed to working collaboratively towards sustainable fiscal management.
The full text of Executive Order No. 2025-1 will be made available on the city's website once it has been processed in the online system. This can be accessed at https://bit.ly/4crxq4z. With this executive order, Mayor Johnson and the working group are taking a proactive approach to address Chicago's fiscal challenges and pave the way for a stronger future for the city.
The executive order establishes a working group, consisting of representatives from the local business community, non-profits, civic organizations, Chicago's labor community, and City Council. This diverse group of stakeholders will work together to provide key recommendations on streamlining operations, enhancing service delivery, and evaluating potential revenue strategies to address the city's structural budget gaps.
Mayor Johnson emphasized the importance of collaboration in tackling these challenges. "Our city faces two challenges: a structural deficit and a hostile federal administration that has threatened to cut off billions in funding for Chicagoans," he stated. "This executive order is about bringing Chicagoans together so that we can continue the critical work of investing in our people."
The working group will be led by the Office of Budget and Management (OBM) and will present a preliminary report of its findings and recommendations by August 31, 2025. A final comprehensive report is expected by May 31, 2026. The initiative prioritizes community engagement and transparency to ensure that all voices and needs are considered in the proposed reforms.
More on illi News
- Tomorrow's World Today Shines Bright with Four Telly Awards at the 46th Annual Telly Awards
- AbbVie Partners with Chicago Cubs on "Striking Out Cancer"
- Chicago: Mayor Brandon Johnson, City Officials, Lamar Johnson Collaborative, and 548 Development Attend Groundbreaking of Mixed-Use West Humboldt Park Development
- ILLINOIS TEAMSTERS DEMAND LAWMAKERS PREVENT CATASTROPHIC CUTS TO PUBLIC TRANSPORTATION
- 6 Love Sports and Eight Sleep Announce Partnership Miami Women's Padel League Rebranded as the Eight Sleep Miami Women's Padel League by 6 Love Sports
Budget Director Annette Guzman expressed confidence in the working group's ability to generate sustainable solutions. "This working group represents a historic opportunity to rethink and recalibrate how we manage public funds," she said. "By collaborating closely with business, civic, labor, and community leaders, we are ensuring a diverse set of stakeholders are at the table lending their collective expertise to help solve the fiscal challenges facing our city."
Upon receiving the preliminary report, OBM will work with City departments to implement actionable recommendations as part of the FY2026 budget planning process. The office will also oversee the execution of recommendations incorporated into the final approved budget to ensure meaningful and measurable improvements.
The launch of this initiative marks a significant milestone in Chicago's ongoing efforts to create a more resilient, effective, and equitable government. The City is committed to working collaboratively towards sustainable fiscal management.
The full text of Executive Order No. 2025-1 will be made available on the city's website once it has been processed in the online system. This can be accessed at https://bit.ly/4crxq4z. With this executive order, Mayor Johnson and the working group are taking a proactive approach to address Chicago's fiscal challenges and pave the way for a stronger future for the city.
0 Comments
Latest on illi News
- Chosen Launches Mobile Family Closet to Serve Foster, Adoptive, and Kinship Families Across Southeastern Wisconsin
- New Release Explores Grit, Wit, and Appalachian Life in We Saved Ourselves, Kinda
- WNC Roofing, LLC Opens Spartanburg, SC Location After a Decade of Serving the Upstate
- June Is Men's Health Month 2025:
- Velocity Performance Alliance Shifts Into High Gear with Luxury Auto Real Estate Platform Ahead of NASCAR Debut
- Floating Water Ramp for Pups is Still Making a Splash
- Intensity Therapeutics, Inc.'s Phase 3 INVINCIBLE-3 Sarcoma Study Selected for Presentation at the American Society of Clinical Oncology (ASCO) 2025 Annual Meeting
- UIFCA Wealth Academy's Revolutionary UIFCA(UFCA) Token Gains Momentum in AI-Powered Investment Market
- Naperville Offering Two New Recycling Programs Starting June 2
- New Website Launch Positions TekTone Builders As Tulsa's Commercial Construction Leader
- Inframark Expands Its Capabilities and Presence in Arizona, Adding Wastewater Experts Mehall Contracting
- FilmHedge Is Letting A.I. Into the Deal Room—And Hollywood Will Never Be the Same
- The Inner Circle acknowledges, Dr. Rashid G. Mosley as a Pinnacle Professional Member
- Naperville: Cook County Convicted Felon Charged with Alleged Illegal Possession of Four Loaded Firearms
- This Artificial Intelligence Platform Could Change How Hollywood Gets Funded Forever
- Chicago: Mayor Johnson Announces $20 Million in Grant Awards for Community Development Projects
- $100 Million Financing Unlocked for Aggressive Acquisition and Growth Strategy Including Plan to Acquire Remote Lottery Platform: Stock Symbol: LTRY
- ARCH Dental + Aesthetics Unveils New Website for Enhanced Patient Experience
- GO2 Partners Named to PPAI 100 List
- Illumina expands clinical oncology portfolio unlocking new standard of care and access to precision therapies