Chicago Mayor Faces Opposition on Tax Hike

Chicago Mayor Brandon Johnson is attempting to navigate significant opposition to his proposed $300 million property tax hike intended to address a nearly $1 billion budget shortfall for 2025. Many City Council members have voiced their opposition, prompting Johnson to consider alternative revenue sources, including raising garbage collection fees and increasing liquor taxes. Johnson has expressed his commitment to a collaborative approach, ruling out layoffs or furloughs, and emphasizing the need for progressive solutions. Despite initial resistance, the Council and the mayor continue to negotiate, with budget hearings extended until mid-December. Some council members caution that without structural changes, the city's financial strategy may be unsustainable. The City Council has until the end of the year to finalize the budget, and Johnson remains firm in his campaign promise to prioritize progressive values.