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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.

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