Chicago mayor’s likely final budget proposal includes property tax hike, eliminates income program

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CHICAGO (WLS) — Chicago Mayor Brandon Johnson’s budget team is presenting what looks to be its best and final offer to City Council members in a series of meetings that began Friday.

It will include a property tax hike, but no layoffs. However some programs are being eliminated.

Supporters of one program to help the most vulnerable said they are not going down without a fight.

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Supporters of the guaranteed basic income program that provided qualifying households with $500 per month for a year are frustrated that it is being eliminated from the upcoming budget. Read More Here!

  • Note: P.S. – So,
    1) Illinois/Pritzker’s budget office projects $3.2B deficit,
    2) Chicago Public Schools faces $500M deficit despite $10B budget and
    3) Chicago’s Budget Deficit Balloons to Nearly $1 Billion in 2025!
    I foresee the sate, city and CPS trying to raise taxes with the tax levy again and we just had the CPS tax levy when Lightfoot was in office!

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