They are signaling a willingness to raise taxes as the May 31 deadline quickly approaches.

Chicago Public Schools borrowed over $1.8 billion amid a delay in last year’s Cook County bills, adding interest costs and exposing the fragility of the district’s finances.

Going into this budget cycle, there should be an added urgency for the City Council to build its capacity to play a co-equal role in the budget process and push to adopt more reforms and efficiencies to control spending.

A federal judge found Cook County liable for damages to taxpayers who lost the equity in their homes because of an unconstitutional state law.

The governor’s proposal would face challenges.