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 ...

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.

Two Chicago City Council committees advanced Mayor Brandon Johnson’s 2025 spending plan and a scaled-down property-tax hike ...

The Finance Committee’s 14-12 vote and Budget Committee's 17-to-16 vote set the stage for the marathon budget stalemate to ...

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 ...

The increase is well below Mayor Brandon Johnson’s previous proposal of $300 million to help cover a $982 million budget ...

In good conversions, developers identify buildings with solid financial fundamentals and utilize the property’s existing ...

The Chicago City Council took a key first step toward approving a 2025 budget on Tuesday, with multiple committees passing ...

Chicago’s 2025 budget is facing a nearly $1 billion gap. Mayor Brandon Johnson’s plan to close it: increase taxes. The city’s ...

The method used to get the vote came under fire from several alders who argued that votes for property tax increases are ...

Chicago speed cameras sent drivers $28 million less in tickets through September than during the first nine months of 2023.

Park District’s proposed budget calls for a 6.9% increase in property taxes, a bump that could translate into the average ...