jus10chi.bsky.social

More tax fights loom as Johnson and City Council near budget deal The mayor and the City Council have negotiated his proposed property tax increase down from $300 million to $68 million, but opposition to the taxes and fees they're looking to raise instead is emergi...

Mayor Brandon Johnson and some in the City Council are holding firm at a $68M property tax hike, but opposition is mounting to other tax increases that could derail a deal.

Where talks stand ahead of scheduled votes next week:
www.chicagobusiness.com/politics/tax...

With budget talks in chaos, City Council looks to take the lead on spending cuts As chaos swirls around negotiations for Mayor Brandon Johnson's $17.3 billion budget proposal, some members of the City Council are looking to take a firmer hand ahead of a Dec. 31 deadline for approv...

Let’s make my first post here about the city budget.

There’s no consensus on what mix of revenue and spending cuts will replace a large property tax, but the tax hike will almost certainly be below the $150M mark Mayor Brandon Johnson floated last week.
www.chicagobusiness.com/politics/cit...