Mayor Lori Lightfoot Announces $733 Million City Budget Shortfall For 2022Citing "the lasting and continuing impacts that the COVID-19 pandemic," Mayor Lori Lightfoot on Wednesday announced the city is facing a $733 million budget shortfall in 2022.
City Council Approves Lightfoot's $12.8 Billion Budget, $94 Million Property Tax Hike, But Critics Say 'Don’t Give Me Crumbs And Tell Me It’s Cake'Aldermen voted 29-21 to approve the mayor’s spending plan, and 28-22 to back the property tax hike. It was the tightest margin of approval for any city budget since the infamous City Council Wars under Mayor Harold Washington, when a coalition of 29 mostly white men routinely voted against Washington's agenda.
City Council Advances Mayor Lori Lightfoot's $12.8 Billion Budget Plan; Final Vote Set For TuesdayThe mayor needs at least 26 votes to pass her budget plan on Tuesday, and while it appears she has the votes, it could be the closest budget vote in decades.
Mayor Lori Lightfoot's $12.8 Billion Spending Plan For 2021 Easily Clears Budget Committee, Paving Way For Full City Council ApprovalThe vote sets the stage for the full City Council to take a final vote on the mayor’s full budget plan as soon as next week. The 26 votes approving her spending plan on Thursday are the bare minimum needed for full Council approval.
Finance Committee Signs Off On Mayor Lori Lightfoot's $94 Million Property Tax Hike Plan, Rest Of 2021 Tax PlanThe 21-12 vote by the Finance Committee signals Lightfoot likely has the votes to pass her budget plan through the full City Council, possibly as soon as next week.
Aldermen Push Back On Mayor Lori Lightfoot's Proposed Property Tax Hike As Budget Vote Looms“We have looked at a lot of things before we get to this point,” Budget Director Susie Park said. “The property tax was not an easy decision to come to.”
Facing 'Zero Easy Choices,' Mayor Lori Lightfoot Stands By Call For $94 Million Property Tax Hike To Balance 2021 Budget“I feel like we are all on the right path as we are right now,” Lightfoot said.
Progressive Aldermen Offer 'Amazon Tax,' Other Budget Amendments, But Measures Bottled Up In CommitteeUnited Working Families, a community coalition which helped draft the proposals, denounced the moves to bottle up the ordinances in the Rules Committee, calling it "cynical maneuvering."
Mayor Lori Lightfoot Talks One-On-One About Budget Pain, Taxes, Fees, And COVID-19 ConcernsPlugging the city’s $1.2 billion budget hole is now in the hands of Chicago aldermen, and there are tough questions about it – including the prospect of new taxes aimed at you that will hit people who live and visit the city.
Mayor Lightfoot's Budget Proposal Calls For Cuts To Police Budget, But Mayor Remains Against Defunding PoliceIn Mayor Lori Lightfoot’s budget proposal calls for the Chicago Police Department to cut a big chunk of its own budget.
Mayor Lori Lightfoot Proposes Property Tax Hike, Gas Tax Increase, Layoffs, Other Job Cuts To Close $1.2 Billion GapWith no financial help on the horizon from Congress or the state, the mayor said the city must rely on making "shared sacrifices" to address the economic crisis created by the pandemic.