On Tuesday, Chicago’s Chief Financial Officer Jill Jaworski told Bloomberg a property tax increase was “likely” going to be in the package presented to city council.
However, on Thursday the mayor’s office said Johnson will commit to a budget without one.
Last year, city council rejected Johnson’s bid to hike property taxes by $300 million.
The City of Chicago is facing a $1.2 billion budget deficit in 2026.
The mayor said he wants so-called “Progressive Revenue” to help fill the gap.
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