Budget Explorer · City of Chicago

Where the money comes from, and where it goes

Comparable revenue, spending, and debt for City of Chicago, on the same Census classification used for every city, county, and state in the Library — so the figures line up with peers rather than with the government's own budget book. Latest year: FY ending Dec 31, 2023. City of Chicago's own 2026 budget, in its own structure, follows below.

Audited actuals · Census classification · 2.67M residents

Total revenue

$14.4B

$5,400 per resident

Total spending

$15.5B

$5,825 per resident

Spending per resident

$5,825

78th percentile of 71

Debt outstanding

$27.5B

$10,324 per resident · 91st percentile of 70

Own-source share

80%

46th percentile of 71

Capital share

10%

18th percentile of 71

Where the money comes from

$14.4B total

Own-source revenue (taxes, charges, interest) versus aid from other governments. Utility and trust revenue are shown alongside general revenue but run on their own books.

  • Property tax$3.96B28%
  • General sales tax$507M4%
  • Selective sales taxes$1.89B13%
  • License & other taxes$181M1%
  • Federal aid$1.06B7%
  • State & local aid$1.68B12%
  • Charges & fees$2.82B20%
  • Interest, fines, other$1.50B10%
  • Utility revenue$804M6%

Own-source share of general revenue 80% · federal aid 8% · property tax is 61% of taxes

Where it goes

$15.5B total

Current operations plus capital outlay, grouped by Census function. Interest on debt and transfers to other governments are broken out so they are not hidden inside services.

  • General government$6.74B43%
  • Public safety$2.98B19%
  • Transportation$2.33B15%
  • Interest on debt$1.41B9%
  • Public welfare$624M4%
  • Utilities (water, power, gas)$538M3%
  • Environment & housing$418M3%
  • Health & hospitals$305M2%
  • Culture & recreation$179M1%
Show top functions with operating vs. capital ▸
FunctionCategoryOperatingCapitalTotal
Financial administrationGeneral government$4.46B$4.46B
Police protectionPublic safety$2.24B$2.24B
General (unallocable)General government$1.43B$655M$2.08B
Air transportationTransportation$1.21B$693M$1.90B
Fire protectionPublic safety$697M$697M
Public welfarePublic welfare$624M$624M
Water utilityUtilities (water, power, gas)$414M$124M$538M
HighwaysTransportation$421M$421M
HealthHealth & hospitals$305M$305M
SewerageEnvironment & housing$98M$102M$200M
Solid waste managementEnvironment & housing$184M$184M
LibrariesCulture & recreation$121M$121M
General public buildingsGeneral government$91M$91M
Central staff servicesGeneral government$73M$73M

Trend · 3 fiscal years

Nominal dollars. The Census Bureau cautions that single-government series are edited only for aggregates — read direction, not decimals.

Revenue

+1% over 2 yrs

FY2022FY2023FY2024

$14.3B$14.4B

Spending

+27% over 2 yrs

FY2022FY2023FY2024

$12.2B$15.5B

Debt outstanding

+19% over 2 yrs

FY2022FY2023FY2024

$23.2B$27.5B

How it compares · 71 cities and counties in the Library

Percentile within the cohort on each place's latest Census year. Higher is not better — the last column says what a high reading means so you can decide whether it matters here.

MeasureCity of ChicagoCohort medianPercentileHigher means
Spending per resident$5,825$3,741
78th
more spent per resident
Revenue per resident$5,400$3,548
74th
more raised per resident
Taxes per resident$2,452$1,328
82nd
heavier own-tax load
Debt per resident$10,324$3,865
91st
more borrowed per resident
Own-source share of revenue80%81%
46th
less dependent on aid
Federal aid share of revenue8%7%
60th
more exposed to federal cuts
Capital share of spending10%18%
18th
more building, less operating
Interest share of spending9%4%
94th
more spend servicing debt
Debt ÷ annual revenue1.91×1.05×
88th
more leveraged
  • Census classification categories, not this government's own budget structure. Figures are audited actuals for the fiscal year shown, not the adopted budget.
  • The Census Bureau edits unit-level data only to produce state and national aggregates and advises against reading it as a precise time series for any single government; treat year-over-year moves under ~5% as noise.
  • Employee-retirement-system revenue is excluded (published separately by Census). Utility and insurance-trust revenue are shown separately from general revenue.
  • Source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (Individual Unit public-use files), unit 172031162236 (Chicago City). Retrieved 2026-09-07. Classification manual.

Spot an error, or know a better source for this place's adopted budget? Suggest an edit on the assessment.

City of Chicago's own budget, in its own structure, from its open-data portal. This is the current year — more recent than the Census series above, but only comparable to this city's own history. Totals cover 40 departments and 27,975 budgeted positions.

$18.7B total
  • Finance General$8.19B44%
  • Chicago Police Department13,727 pos$2.11B11%
  • Chicago Department of Transportation368 pos$1.84B10%
  • Chicago Department of Aviation1,215 pos$1.67B9%
  • Chicago Fire Department5,137 pos$902M5%
  • Department of Water Management414 pos$773M4%
  • Department of Family and Support Services392 pos$653M3%
  • Department of Fleet and Facility Management197 pos$503M3%
  • Department of Streets and Sanitation347 pos$350M2%
  • Chicago Department of Public Health759 pos$335M2%
  • Department of Housing122 pos$173M1%
  • Department of Planning and Development194 pos$146M1%
  • All other (28)$1.03B6%

Looking for how this fits City of Chicago's capacity to deliver? The fiscal dimension, binding constraint, and pathways live in the City of Chicago capacity assessment.

The Civic Infrastructure Diagnostic Framework’s structural elements — the four cluster labels, the six capacity dimensions, and the binding-constraint framing — are licensed under CC BY 4.0. Anyone may use or adapt them with attribution. Tool implementation and full article text © 2026 JTV Advisory LLC.