Illinois’ comeback story starts here.

Each Chicago taxpayer on hook for nearly $42,000 of city debt

Each Chicago taxpayer on hook for nearly $42,000 of city debt

Fiscal watchdog Truth in Accounting found Chicagoans are each responsible for the second-most debt in the nation. It again gave the city an ‘F’ grade despite improvements from one-time federal COVID-19 aid and unusually high pension investment returns.

By Justin Carlson