With much fanfare, Mayor Lightfoot signaled the start of the budget season with last Thursday’s state of the city address.

“Tonight, I want to speak to you about the state of our city and its finances.”

Things are so bad, she doesn’t know what to do. So . . .

“If we followed the old playbook, we could have tried to muscle through another historically large property tax increase, relied upon a massive borrowing scheme, shortchanged pensions, or some measure of all of the above.”

I doubt Mayor Lightfoot does either.

“We have taken important steps to professionalize the $100 million-a-year workers’ compensation program.”