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.
After 50-0 defeat of his $300 million property tax hike, Mayor Brandon Johnson brokers a new deal
Mayoral aides and some Council members have agreed to cut the proposed increase in half as talks continue. The largest chunk of new revenue — $128 million — will come from raising the personal property lease tax on cloud computing to 11%.
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.
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