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

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. ABC7 Chicago is now streaming 24/7. Click here to watch 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!

How Mayor Brandon Johnson Lost Control of the Debate Over Chicago’s 2025 Budget

The first sign that Mayor Brandon Johnson’s proposal to spend $17.3 billion in 2025 was dead on arrival came just minutes after he finished telling the Chicago City Council the only way to balance the city’s budget was to hike property taxes by $300 million. Despite being one of Johnson’s closest allies, Ald. Byron Sigcho Lopez (25th Ward) wasted no time telling reporters that he would not even consider voting for the largest property tax hike since 2016. Pilsen residents struggling to keep their homes amid a wave of gentrification could not afford the increase, Sigcho Lopez said. The fact that Sigcho Lopez, Johnson’s hand-picked Housing Committee chair who has voted in lockstep with the mayor, dismissed the budget proposal out of hand sent shockwaves through the City Council, frustrating Johnson’s allies while emboldening his critics.  Read More Here!