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Brandon Johnson cuts property tax hike in half

Tribune News Service on MSN · 3h

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.

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 Sun-Times · 1d

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%.

Mayor Johnson to take questions amid ongoing budget negotiations

Last week, the Chicago City Council voted down Mayor Johnson's proposed $300 million property tax increase. As ...

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 ...

City Council shoots down Johnson’s opening salvo to close nearly $1B budget gap

Amid ongoing talks to close Chicago’s projected $982.4 million budget deficit in fiscal year 2025, City Council batted back ...

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