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GREAT CITIES INSTITUTECity of Chicago Budget Engagement Report20252025 Budget Engagement Report November 2024Authors Thea Crum Katherine Faydash Great Cities Institute (MC 107) Teresa Crdova, PhD,
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How to fill out city of chicago budget
How to fill out city of chicago budget
01
Gather necessary financial data, including previous budget reports.
02
Identify the budget categories such as public safety, education, and infrastructure.
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Forecast revenue sources including taxes, grants, and fees.
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Determine funding needs for each budget category.
05
Engage with community stakeholders for input.
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Draft the budget proposal with detailed allocations.
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Review and revise the budget based on feedback.
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Submit the budget proposal for approval by the city council.
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Implement the approved budget and monitor spending throughout the fiscal year.
Who needs city of chicago budget?
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City government officials and departments.
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Residents and citizens who benefit from city services.
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Local businesses that may rely on city-sponsored programs.
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Non-profit organizations that partner with the city.
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Public agencies and institutions that require funding for various projects.
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What is city of chicago budget?
The City of Chicago budget is a financial plan that outlines the city's projected revenues and expenditures for a specific fiscal year.
Who is required to file city of chicago budget?
City departments, agencies, and certain organizations that receive city funding are required to file budget proposals as part of the overall Chicago budget process.
How to fill out city of chicago budget?
To fill out the City of Chicago budget, departments must complete budget templates provided by the city's Office of Budget and Management, detailing their anticipated revenues and expenses in accordance with city guidelines.
What is the purpose of city of chicago budget?
The purpose of the City of Chicago budget is to allocate financial resources efficiently, plan public services, and ensure fiscal responsibility while meeting the needs of residents.
What information must be reported on city of chicago budget?
The City of Chicago budget must report projected revenues, planned expenditures, departmental priorities, and any changes from the previous fiscal year.
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