CHICAGO URBAN DAILYCHICAGO (CHICAGO URBAN DAILY)— The fight over Chicago’s next budget is taking shape, and a bloc of City Council members is drawing its lines early: no property tax increase, no corporate “head tax,” and no relying on state revenue Springfield hasn’t approved yet.The self-described City Council Budget Accountability Coalition sent a letter to Mayor Brandon Johnson this week as the city begins its fiscal 2027 budget process, confronting a projected $882.4 million deficit — down from last year’s roughly $1.2 billion shortfall, but still one of the largest gaps in recent Chicago history. The coalition is demanding spending cuts and permanent savings before any new taxes.The head tax fight isn’t new. A separate letter signed by 29 aldermen pressed Johnson to rule out reinstating a per-employee corporate head tax — something his office said could bring in $100 million a year for public safety, but which the Council locked out when it passed an alternate 2026 budget. Johnson campaigned on no property tax hikes, though he did propose a $300 million property tax increase in 2024, and he’s been reluctant to touch property taxes since.The administration says it’s pursuing “progressive” revenue measures while protecting essential services. The Council’s message: find the real savings first.Stay tuned to Chicago Urban Daily as the budget battle develops.Reported by Chicago Urban Daily News. Visit chicagourbandailynews.com for updates.
City Council Draws Its Lines on the Budget: No Property Tax Hike, No Head Tax
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