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Chicago City Council Faces Critical Vote on Revised $17.3B Budget

Mayor Brandon Johnson's updated budget proposal removes a controversial property tax hike but still faces resistance over spending cuts and alternative revenue measures.

  • Mayor Brandon Johnson's revised $17.3 billion budget eliminates a proposed $68.5 million property tax increase after significant opposition from aldermen and residents.
  • The updated plan introduces increased taxes on amusement, cloud computing, parking, and downtown congestion, along with new event fees and expanded speed camera enforcement to generate revenue.
  • Johnson made additional concessions, including restoring 162 police jobs to comply with federal oversight and cutting $90 million in pandemic relief spending, but critics argue these measures are insufficient to address structural deficits.
  • The City Council's 'Common Sense Caucus' has demanded deeper cuts, including eliminating departments and programs, while some aldermen suggest unpaid furloughs for city workers as a shared sacrifice solution.
  • Failure to pass a budget by December 31 could lead to a government shutdown and a severe blow to Chicago's credit rating, intensifying pressure on the council and mayor to reach an agreement.
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