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  2. Illinois quick hits: Chicago budget update; former legislator ...

    www.aol.com/news/illinois-quick-hits-chicago...

    Chicago budget update Chicago Mayor Brandon Johnson has eliminated property-tax increases from his latest budget proposal for 2025, but at least 15 members of the city council remain opposed to ...

  3. Chicago mayor’s $300M property tax hike faces strong ... - AOL

    www.aol.com/finance/chicago-mayor-300m-property...

    Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council ...

  4. Chicago City Council passes budget without property tax hike ...

    www.aol.com/mayor-brandon-johnson-reportedly...

    CHICAGO — Mayor Brandon Johnson eked out a victory Monday with the narrow passage of a $17.3 billion municipal budget plan that does not raise property taxes. The 27-23 vote came just weeks ...

  5. Chicago's budget doesn't calm financial concerns - AOL

    www.aol.com/news/chicagos-budget-doesnt-calm...

    (The Center Square) – Although the Chicago City Council passed a budget for 2025 this week, the city’s financial problems are not going away. Chicago taxpayers are looking at a billion-dollar ...

  6. Chicago budget vote postponed as council, mayor still search ...

    www.aol.com/news/chicago-budget-vote-postponed...

    (The Center Square) – Mayor Brandon Johnson and the Chicago City Council still don’t have a budget agreement. Reports surfaced early Friday that the mayor did not have enough votes to pass a ...

  7. Economy of Chicago - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Chicago

    Late in the 19th century, Chicago was part of the bicycle craze, as home to Western Wheel Company, which introduced stamping to the production process and significantly reduced costs, [12] while early in the 20th century, the city was part of the automobile revolution, hosting the brass era car builder Bugmobile, which was founded there in 1907.

  8. $300M property tax hike in Chicago mayor’s 2025 budget ...

    www.aol.com/watch-live-300m-property-tax...

    The Chicago Police Department budget is increasing year over year. The city’s budget gap is $982.4 million, driven by rising personnel and pension costs. A 3.2% increase in Fiscal Year 2025 ...

  9. Economic policy of the first Donald Trump administration

    en.wikipedia.org/wiki/Economic_policy_of_the...

    The budget deficit in fiscal 2018 (which runs from October 1, 2017, to September 30, 2018, the first year budgeted by President Trump) is forecast to be $804 billion, an increase of $139 billion (21%) from the $665 billion in 2017 and up $242 billion (39%) over the previous baseline forecast (June 2017) of $580 billion for 2018. The June 2017 ...