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1. chicago.suntimes.com › city-hall › 2024/08/29Will Chicago's nearly $1 billion 2025 budget hole be filled ...

   chicago.suntimes.com › city-hall › 2024/08/29

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   Aug 29, 2024 · Chicago is facing a $982.4 million budget shortfall in 2025 that has Mayor Brandon Johnson refusing to rule out the property tax increase he campaigned against.

2. blockclubchicago.org › 2024/08/29 › chicago-facingChicago Facing Almost $1 Billion Budget Gap — And Mayor Won’t ...

   blockclubchicago.org › 2024/08/29 › chicago-facing

   Aug 29, 2024 · Mayor Brandon Johnson did not rule out a property tax increase as the city grapples with a forecasted $982 million dollar budget gap for 2025.

3. Top Stories

   • Chicago Sun-Times

     Mayor halts hiring in ‘all departments’ — even police and fire — to confront budget crisis

     Johnson is not the first mayor to freeze hiring and restrict overtime to solve a budget crisis. Public safety jobs in the Chicago Police Department and the Chicago Fire Department have routinely ...

     4 days ago

   • Chicago Sun-Times

     Johnson's chief liaison to emboldened City Council resigns

     Mayor Brandon Johnson’s chief liaison to the Chicago City Council resigned Monday in an ill-timed move that signals more tough sailing ahead in already rocky waters. After just 10 months as ...

     4 days ago

   • 

     Politico

     Chicago’s band-aid budget fix

     3 days ago

   • WBEZ 91.5 Chicago

     The Rundown: Turnover in Chicago’s cultural affairs office

     4 days ago

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4. Videos

   • 

     2:04

     youtube.com

     Brandon Johnson on summer crime and his controversial tax plan

     Apr 5, 2023

     7.3K Views

   • 

     1:58

     abc7chicago.com

     Chicago real estate transfer tax proposal from Mayor Brandon Johnson already faces pushback from industry

     Sep 19, 2023

   • 

     2:55

     cbsnews.com

     Mayoral candidate Brandon Johnson confident tax plan won't drive people out of Chicago

     Feb 17, 2023

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5. www.chicagotribune.com › 2024/09/13 › column-mayorColumn: Is a Chicago property tax hike in the making?

   www.chicagotribune.com › 2024/09/13 › column-mayor

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   21 hours ago · David Greising: Is a property tax hike in the making to fill Mayor Brandon Johnson’s budget hole? Chicago Mayor Brandon Johnson speaks on Aug. 19, 2024, during the Democratic National Convention ...

6. blockclubchicago.org › 2024/09/09 › mayor-johnsonMayor Johnson Enacting City Hiring Freeze, Limiting Overtime ...

   blockclubchicago.org › 2024/09/09 › mayor-johnson

   4 days ago · Mayor Johnson Enacting City Hiring Freeze, Limiting Overtime To Combat Chicago’s Budget Woes. The city is facing a forecasted $223 million budget hole for the remainder of 2024 — and almost $1 billion in 2025. The mayor has not ruled out a property tax increase. by Quinn Myers 20 hours ago Updated 4 seconds ago.

7. www.wbez.org › city-hall › 2024/08/29Chicago Mayor Brandon Johnson floats a hiring freeze ahead of ...

   www.wbez.org › city-hall › 2024/08/29

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   Aug 29, 2024 · Johnson wouldn’t rule out a property tax increase. Chicago Mayor Brandon Johnson’s administration is floating a potential hiring freeze to end the year with a balanced budget...

8. www.illinoispolicy.org › chicago-mayor-brandonChicago Mayor Brandon Johnson stares down a $1 billion city ...

   www.illinoispolicy.org › chicago-mayor-brandon

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   Aug 30, 2024 · Johnson should heed taxpayers’ warnings when considering ways to close Chicago’s upcoming $982 million budget shortfall. Residents are tapped out and have soundly rejected tax hikes.

9. People also ask

   Would Brandon Johnson rule out a property tax increase?

   • Johnson wouldn’t rule out a property tax increase. Chicago Mayor Brandon Johnson’s administration is floating a potential hiring freeze to end the year with a balanced budget ahead of an expected $982.4 million budget gap next year that will force Johnson to make tough choices in his second spending plan.

   Chicago Mayor Brandon Johnson floats a hiring freeze ahead of a $982

   www.wbez.org/city-hall/2024/08/29/chicago-mayor-brandon-johnson-floats-a-hiring-freeze-ahead-of-a-982-million-budget-gap

   See all results for this question

   Why did Johnson's budget not include tax increases?

   • Johnson’s $16.77 billion budget included none of the tax increases he proposed during the campaign, in part because he was counting on “Bring Chicago Home,” the binding referendum — rejected by voters — which would have authorized the Council to raise the real estate transfer tax.

   Will Chicago's nearly $1 billion 2025 budget hole be filled with

   chicago.suntimes.com/city-hall/2024/08/29/mayor-brandon-johnson-2025-budget-forecast-funding-gap-property-taxes-cps-pensions

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   Will Chicago Mayor fill $1 billion budget hole with property tax hike?

   • Chicago Sun-Times Chicago faces nearly $1 billion 2025 budget hole — will mayor fill it with property tax hike? Mayor Brandon Johnson hasn’t ruled out raising property taxes next year to close a budget gap estimated at $982.4 million. Homes near the intersection of North Wolcott Avenue and West Estes Avenue in Rogers Park in 2020.

   Will Chicago's nearly $1 billion 2025 budget hole be filled with

   chicago.suntimes.com/city-hall/2024/08/29/mayor-brandon-johnson-2025-budget-forecast-funding-gap-property-taxes-cps-pensions

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   Why did Brandon Johnson run for mayor?

   • When Brandon Johnson ran for mayor two years ago, he did so on the strength of an expansive progressive agenda. His vision for equity in housing, schools, neighborhoods and downtown would come at a cost, we all knew. But not to worry, Johnson told voters, he had plans to pay for it. There would be a “millionaire’s tax” on the sale of costly homes.

   David Greising: Is a property tax hike in the making to fill Mayor Brando…

   www.chicagotribune.com/2024/09/13/column-mayor-brandon-johnson-budget-shortfall-greising/

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10. www.wlsam.com › 2024/09/06 › mayor-johnsons-budgetMayor Johnson’s Budget Shortcomings Set the Stage for ...

    www.wlsam.com › 2024/09/06 › mayor-johnsons-budget

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    Sep 6, 2024 · Mayor Johnson’s Budget Shortcomings Set the Stage for Potential Property Tax Hike. President of Wirepoints.org Ted Dabrowski joins The Ray Stevens Show to discuss how Brandon Johnson’s potential property tax increase could deter families and businesses from moving to Illinois, why state officials continue to overspend, and when the ...