Chicago pension, debt services costs among highest in country

Published November 6, 2025 2:25pm ET



(The Center Square) – Chicago’s budget has grown by nearly 40% since 2019 with the biggest increased expenditure going toward pensions and debt already incurred.

Illinois Policy Institute policy analyst Ravi Mishra sees just one victim stemming from Chicago’s ballooning budget costs where most of the revenues continue to go be funneled toward pensions and debt already incurred.

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