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CHICAGO — Mayor Brandon Johnson eked out a victory Monday with the narrow passage of a $17.3 billion municipal budget plan that does not raise property taxes. The 27-23 vote came just weeks ...
(The Center Square) – The Chicago City Council on Monday approved a new budget without a property-tax increase, but many aldermen say the mayor still needs to cut spending. The council voted 27 ...
Johnson wants to halve property tax increase Chicago Mayor Brandon Johnson says he’s in talks with city aldermen about cutting his proposed $300 million property tax increase by half. Last week ...
This trend led to the introduction of alternatives to the property tax (such as income and sales taxes) at the state level. [16] Property taxes remained a major source of government revenue below the state level. Hard times during the Great Depression led to high delinquency rates and reduced property tax revenues. [68]
According to an article published in the Journal of Property Tax Assessment & Administration in 2009, the increase in the use of TIF in Chicago resulted in a "substantial portion of Chicago's property tax base and the land area" being subsumed by these levy zones—"26 percent of the city's land area and almost a quarter of the total value of ...
Johnson’s 2025 spending plan eliminates the projected $982.4 million budget gap but includes the largest property tax increase since 2016. It comes […] $300M property tax hike in Chicago mayor ...
Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council ...
The Illinois Department of Agriculture is the code department [1] [2] of the Illinois state government that regulates various facets of the agriculture industries of Illinois, oversees Illinois soil and water conservation, supervises the weights and measures of various commodity products, including gasoline, and supervises the Illinois State Fair. [3]