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.
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.
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.
Opinion
Flawed tax policy keeps Chicago in perpetual budget crisis
City Hall and City Council are on the clock to craft a 2025 budget. It's time for policy reforms to get off the merry-go-round of yearly financial crises.
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.
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.
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.
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.
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.
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 ...
Illinois Policy16h
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 ...
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 ...
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 ...
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 ...
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 ...
Chicago resident fumes at liberal mayor over migrant funding after fiery meeting: 'America first!'
Chicago resident P-Rae Easley slammed Chicago Mayor Brandon Johnson over the migrant crisis as the Windy City struggles to ...