Pictured: A pile of dollar bills. [Tracy O / CC BY-SA 2.0]

Chicago officials will discuss the city’s S&P Global’s credit rating downgrade due to the city’s outstanding general obligation debt following a forecasted $1 billion budget gap for 2025.

The subject matter meeting is scheduled for 10 a.m. Tuesday in City Hall’s council chambers and no votes are expected to be taken during this meeting, according to city documents.