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Mayor Johnson lowers property tax hike plan to $150 million

Tribune News Service on MSN · 6h

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.

Crain's Chicago Business · 5h

Johnson's latest pledge to slice property tax hike in half hasn't yielded a budget deal — yet

Members of the City Council say they want to see further reductions to the mayor's initial $300 million property tax hike before signing off on a 2025 budget.

Johnson expected to face questions on city budget proposal

Chicago Mayor Brandon Johnson is set to discuss his city budget proposal during a press briefing Tuesday morning at City Hall ...

2d

Killing extra pension payment could spare Mayor Brandon Johnson and aldermen political headaches, but cost Chicagoans later

Some at City Hall are rallying around the idea of plugging the budget hole with money set aside to keep the city’s pension ...

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