Chicago Mayor doesn't commit to alternatives to property tax hike
CHICAGO -- Mayor Brandon Johnson wouldn't commit on Tuesday when asked if he would support possible alternatives to his proposal to raise property taxes to close a nearly $1 billion budget gap for 2025.Members of the City Council have voiced their opposition to raising property taxes . Johnson seemed to be backing off perhaps a bit on the amount he proposed increasing taxes by, $300 million, as aldermen made suggestions for alternatives to raise revenue.
'Dozens of aldermen called for a special meeting to vote down the mayor's proposed $300 million property tax increase. That meeting was pushed from Wednesday morning until Thursday afternoon.As for alternative solutions to raise revenue, some aldermen recommend contributing less to the city's advance pension fund. The mayor maintains his promise to fund the pension program.Other ideas include raising the garbage collection fee or increasing taxes on liquor to increase revenue.
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