Budget Explorer · City of Chicago
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.
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
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.
Own-source share of general revenue 80% · federal aid 8% · property tax is 61% of taxes
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.
| Function | Category | Operating | Capital | Total |
|---|---|---|---|---|
| Financial administration | General government | $4.46B | — | $4.46B |
| Police protection | Public safety | $2.24B | — | $2.24B |
| General (unallocable) | General government | $1.43B | $655M | $2.08B |
| Air transportation | Transportation | $1.21B | $693M | $1.90B |
| Fire protection | Public safety | $697M | — | $697M |
| Public welfare | Public welfare | $624M | — | $624M |
| Water utility | Utilities (water, power, gas) | $414M | $124M | $538M |
| Highways | Transportation | $421M | — | $421M |
| Health | Health & hospitals | $305M | — | $305M |
| Sewerage | Environment & housing | $98M | $102M | $200M |
| Solid waste management | Environment & housing | $184M | — | $184M |
| Libraries | Culture & recreation | $121M | — | $121M |
| General public buildings | General government | $91M | — | $91M |
| Central staff services | General government | $73M | — | $73M |
Nominal dollars. The Census Bureau cautions that single-government series are edited only for aggregates — read direction, not decimals.
Revenue
+1% over 2 yrs
$14.3B → $14.4B
Spending
+27% over 2 yrs
$12.2B → $15.5B
Debt outstanding
+19% over 2 yrs
$23.2B → $27.5B
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.
| Measure | City of Chicago | Cohort median | Percentile | Higher 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 revenue | 80% | 81% | 46th | less dependent on aid |
| Federal aid share of revenue | 8% | 7% | 60th | more exposed to federal cuts |
| Capital share of spending | 10% | 18% | 18th | more building, less operating |
| Interest share of spending | 9% | 4% | 94th | more spend servicing debt |
| Debt ÷ annual revenue | 1.91× | 1.05× | 88th | more leveraged |
Spot an error, or know a better source for this place's adopted budget? Suggest an edit on the assessment.
Enacted budget · 2026
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.
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.