Chicago Faces 538 Million Budget Gap But Mayor Commits To Not Raising Property Taxes

Chicago Faces 538 Million Budget Gap    But Mayor Commits To Not Raising Property Taxes

CHICAGO — Chicago is facing a more than $500 million budget gap for 2024, Mayor Brandon Johnson announced Wednesday — but the city will not raise property taxes this year to bring in new revenue, he said. Johnson’s administration announced the $538 million shortfall in a press release Wednesday morning,…Read More

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