Mayor Brandon Johnson and City of Chicago Announces Passage Of $1.5 Billion Bond-refinancing Plan to Lower Debt Costs and Achieve $110 Million In Savings
Mayor Brandon Johnson of Chicago has announced the successful passage of a $1.5 billion bond-refinancing plan aimed at lowering debt costs and achieving $110 million in savings for the city. This initiative is expected to improve the city's financial health and provide more resources for public services. The move reflects the administration's commitment to fiscal responsibility and economic stability for Chicago residents.