Chicago finance, budget committees OK mayor's latest budget package, which includes $68M property tax increase
The City Council is one step closer to approving a 2025 budget, but Mayor Brandon Johnson's revised spending plan is expected to face a very close vote by the council on Friday. A pair of City Council committees on Tuesday gave their approval by razor-thin margins to a $17.
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 committee OK’s $68M property tax hike in contentious vote
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.
Committees pass mayor's budget with $68.5M property tax increase; full city council to vote Friday
Mayor Brandon Johnson's proposal to raise property taxes by $68.5 million to fill a nearly $1 billion deficit narrowly passed out of committees on Tuesday.
Mayor Brandon Johnson's revised budget plan, $68.5 million property tax hike pass first test
It appears the mayor still does not have the votes to get the budget approved by the full City Council, and critics have accused him of trying to buy votes.
After much revision, Mayor Brandon Johnson’s budget plan ekes through Finance Committee
It’s one step toward the spending plan coming to the full council for an up or down vote, which could happen as soon as Friday.
Full City Council set to review Mayor Brandon Johnson's budget with $68.5M property tax increase
The mayor's proposed budget narrowly passed through a pair of City Council committees. It now includes for Chicago homeowners a $68.5 million property tax increase, down from $300 million initially proposed by the mayor.
Full council to vote Friday on budget, $68.5M property tax increase
Mayor Brandon Johnson's proposal to raise property taxes by $68.5 million to fill a nearly $1 billion deficit narrowly passed out of committees on Friday.
City’s property-tax hike pared down to $68.5M amid budget shortfall
The increase is well below Mayor Brandon Johnson’s previous proposal of $300 million to help cover a $982 million budget shortfall.
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.
Chicago City Council taking close look at Mayor Johnson’s revised budget
CBS News Chicago's Mugo Odigwe has the latest on Mayor Johnson’s revised budget and the City Council's next steps.
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