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Brandon Johnson cuts property tax hike in half
Chicago Mayor Brandon Johnson proposes lowering property tax hike to $150 million as budget negotiations continue
Mayor Brandon Johnson is now proposing hiking Chicago property taxes by $150 million, down from his original $300 million recommendation for 2025 that was unanimously struck down by the City Council last week.
Chicago mayor proposes lower property tax hike after first effort killed by City Council
Mayor Brandon Johnson on Tuesday took a shot at critics as he proposed new taxes and savings to make up a budget shortfall in his $17 billion proposed municipal budget.
Mayor Johnson lowers property tax hike plan to $150 million, says critics need to "grow up"
"Some of the steps and measures that are being taken, these are some individuals that are having tantrums right now. It's time to grow up. The people of Chicago don't have time for that," Johnson said.
Chicago mayor’s $300M property tax hike faces strong headwinds as council pushes for budget cuts instead
As tensions build, the outcome could reshape Chicago’s approach to tackling its nearly $1 billion budget deficit.
Brandon Johnson cuts property tax hike in half with latest budget proposal
Chicago Mayor Brandon Johnson laid out his latest 2025 budget proposal for Chicago Tuesday, which includes a $150 million property tax hike.
Chicago Council Unanimously Nixes Mayor’s Property Tax Hike
The Chicago City Council on Thursday rejected Mayor Brandon Johnson’s plan to raise property taxes by $300 million that would have helped close a budget gap of nearly $1 billion for next year.
Chicago City Council to vote on proposed property tax hike
Alders are expected to vote Thursday to reject Mayor Brandon Johnson's $300 million property tax hike, aimed at closing a $1 billion gap in the city's budget. Why it matters: The hike would boost taxes by 4.
Chicago Mayor Johnson's Budget Betrayal Would Raise Taxes on Small Businesses
A proposed alcohol tax hike will hit immigrant-owned liquor stores while city spending on nonessential projects remains high.
Chicago mayor proposes $150M property tax hike
Following last week's sound rejection of his $300M property tax hike proposal, Chicago Mayor Brandon Johnson accused some alders of "having tantrums" as the calendar ticks toward the end of the year deadline.
Mayor Brandon Johnson says new budget proposal cuts proposed property tax in half
Mayor Johnson confirms reports that his office has crafted a framework for a fiscal 2025 Budget that would cut the $300 million property tax increase he first proposed in half. But, he says, don’t call it “deal” as some have.
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Chicago's nearly $1B budget shortfall to be discussed at meeting Tuesday
The City's Budget and Government Operations Committee are set to discuss the massive budget gap of nearly $1 billion.
7h
Skokie keeps property taxes frozen for 35th consecutive year
At the end of the calendar year, many governments, including libraries, school districts, park districts, and municipalities, ...
Opinion
9h
Opinion
Cook County's 'senior freeze' property tax breaks are long overdue for better oversight
Cook County Assessor Fritz Kaegi plans to implement safeguards to verify that seniors getting breaks on their property taxes ...
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