CHICAGO — Chicago may have chipped away at its structural budget gap this year, but fiscal stress looms in the coming years as debt service and pension costs rise along with health care and other personnel costs.

The city laid out its challenges in its annual financial analysis, which presents an overview of revenues and spending, as well as an examination of key fiscal areas such as reserve funds, capital investments, tax-increment financing, debt load and pension funding.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.