Chicago Mayor Lori Lightfoot vows straight talk on city budget if tax increase needed due to financial hit from coronavirus

Mayor Lori Lightfoot vowed Tuesday to be “straightforward and very transparent” with Chicagoans if and when she concludes tax increases are needed to cover declining revenues and rising costs tied to the coronavirus.

The mayor cracked the door open to the mid-year corrections — which most aldermen and municipal finance experts have been expecting — after once again ruling out layoffs, furloughs and program cuts in this extraordinary time of need.