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Chicago, Property Tax
Chicago Committees Advance Budget With Property Tax Hike
Two Chicago City Council committees advanced Mayor Brandon Johnson’s 2025 spending plan and a scaled-down property-tax hike and other levies, moving the city closer to passing its 2025 budget on time.
Mayor Brandon Johnson $17.3B budget and $68.5M property tax hike squeak through committees
The Finance Committee’s 14-12 vote and Budget Committee's 17-to-16 vote set the stage for the marathon budget stalemate to end Friday, averting what might have been Chicago's first budget shutdown.
Chicago finance, budget committees OK budget package with $68M property tax
The method used to get the vote came under fire from several alders who argued that votes for property tax increases are normally separate from those for increases in fines and fees.
18h
on MSN
Mayor Johnson hopes to get Chicago city budget deal done by Friday with deadline looming
Before the budget can get to the City Council for a full vote, it needs to clear the Finance Committee on Tuesday morning.
Illinois Policy
11h
Exclude staff costs, Chicago spending still spiked $3.6B in just 6 years
Chicago’s 2025 budget is facing a nearly $1 billion gap. Mayor Brandon Johnson’s plan to close it: increase taxes. The city’s ...
10h
Chicago City Council takes key step in 2025 budget debate
The Chicago City Council took a key first step toward approving a 2025 budget on Tuesday, with multiple committees passing ...
5d
on MSN
New proposals for cuts, taxes on table with Chicago city budget deadline looming
A source close to the budget negotiations tells CBS News Chicago that the city has proposed $68 million in property taxes, an ...
1d
Crunch time: Chicago budget battle, future of schools CEO top mayor’s agenda this week
The next few weeks are pivotal for City Hall as the Johnson administration tries to pass a budget that holds to the mayors ...
1d
Chicago community leaders call to redistribute budget amid deficit
Chicago community leaders are calling for $170 million budget to reallocated to fill gaps in public health, youth job ...
1d
Axing a guaranteed income program to fill the city's budget hole will cost Chicago long-term, advocates say
Advocates on Friday lambasted a proposal from Mayor Johnson’s administration to cut the monthly stipend for low-income ...
2d
Report: Mayor Brandon Johnson proposes adding $2.64M worth of new speed cameras to help balance city budget
Mayor Brandon Johnson is now trying to help balance the City of Chicago budget by installing more speed cameras throughout ...
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