2026 budget explained

Is a per-resident budget figure my tax bill?

No. Dividing a public budget by population produces an illustrative average of spending, not what any resident owes.

Figures in the published tree

2026 amounts in dollars, derived from integer cents; selected rows are not necessarily additive
Budget boxAmountBasis
City of Chicago$16,842,553,003.00Adopted/approved budget
Chicago Public Schools$10,253,327,463.68Adopted/approved budget
Chicago Park District$637,580,350.00Adopted/approved budget

How to read this

The three root amounts belong to separate governments with different accounting periods. Taxes are only one funding source alongside fees, grants, borrowing and enterprise revenue.

Limits and method

Residents, workers, visitors and businesses use services and pay different taxes. Cross-government transfers can overlap; these rows are not an official consolidated per-person total.

These are three separate governments, not one official consolidated City budget. The City and Park District use 2026 budgets, while CPS FY2026 runs July 2025 through June 2026. Transfers across governments may overlap. See methods and unresolved gaps.

Primary sources

These official references are attached to the cited budget boxes in the exported tree, rather than inferred from unrelated search results.

Data export: . Dataset, schema and version.

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