Chicago Sun-Times · 3h
After 50-0 defeat of his $300 million property tax hike, Mayor Brandon Johnson brokers a new deal
Mayoral aides and some Council members have agreed to cut the proposed increase in half as talks continue. The largest chunk of new revenue — $128 million — will come from raising the personal property lease tax on cloud computing to 11%.
Chicago Sun-Times · 3d
50-0 — City Council unanimously kills Mayor Johnson's proposed $300 million property tax increase
The overwhelming vote was largely symbolic. Negotiations to reduce or eliminate the property tax hike and replace it with a mix of new revenue and reprogrammed federal pandemic relief funds began last weekend.
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