Chicago’s financial position worsened by $2 billion in the 2019 Fiscal Year. The city needs $36.4 billion to pay off its debt. A large portion of this unfunded debt is in unfunded pension and retiree health care. Chicago owes $31.8 billion in unfunded pension debt and $829 million in unfunded retiree health care benefits.  
To pay off the city’s $36.4 debt each Chicago taxpayer would need to pay $39,400. This worsened by $2,300 from the previous fiscal year.