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.
Mayor Lori Lightfoot To Present 2021 Budget Plan On Oct. 21, One Week Later Than Originally ScheduledThe city is facing a projected shortfall of $1.2 billion in 2021, including more than $780 million in tax revenue lost to the pandemic.
Mayor Lori Lightfoot Announces $800 Million Budget Gap For 2020, $1.2 Billion For 2021 As Pandemic Ravages City FinancesThe mayor said COVID-19 has caused the city to lose approximately $780 million in revenue, accounting for the vast majority of next year's budget gap.
Chicago Has Nearly Tripled Police Spending Per Capita Since 1964For activists and city leaders calling on Mayor Lori Lightfoot to cut the police budget, it’s clear that the money could be better spent elsewhere.
Mayor Lori Lightfoot Projects $700 Million Budget Deficit This Year Due To COVID-19“That’s a sobering number, and it presents a sobering challenge any way you look at it,” Lightfoot said Tuesday afternoon at City Hall.
Civic Federation's Laurence Msall: Staggering Unemployment Claims Will Put Major Strain On Illinois, Chicago BudgetsThe math is staggering – according to the U.S. Department of Labor, there were 114,663 unemployment claims in Illinois alone last week amid the coronavirus crisis.