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.
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.
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.
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.
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.
Chicago mayor's likely final budget proposal includes property tax hike, eliminates income program
Mayor Brandon Johnson's budget team is presenting its latest offer Friday. Supporters of the guaranteed basic income program that provided qualifying households with $500 per month for a year are frustrated that it is being eliminated from the upcoming budget.
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.
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.
Chicago budget plan with $68M property tax hike advances to full council — WGN Evening News
A pair of city council committees on Tuesday gave their approval by razor thin margins to a $17.3 billion budget package that includes an assortment of fee hikes and a $68.5 million property tax levy increase.
Chicago finance committee OKs budget package with $68M property tax hike — WGN Midday News
A budget package that includes an assortment of fee hikes and a $68 million property tax levy increase passed the city council's finance committee Tuesday with a 14-12 vote and some frustration from alders unhappy with the process.
Michael D. Belsky: Chicago’s budget process is chaotic. It needs a stronger Office of Financial Analysis.
It should be common sense that aldermen and the Council Office of Financial Analysis should have ample time to scrutinize the ...
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 Policy23h
Über, Netflix, shopping bags: Chicago Mayor Brandon Johnson’s $234M tax hikes explained
Chicago Mayor Brandon Johnson’s proposed budget includes $233.9 million in tax hikes including rideshare prices and streaming ...
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 ...
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 ...
Illinois Policy1d
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 ...
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 ...