Search results
Results from the WOW.Com Content Network
City Council has until the end of the year to approve a budget that now adds a financial burden to Chicago homeowners. City Council did approve a $588 million property tax hike in 2015 under then ...
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 ...
(The Center Square) – The Chicago City Council on Monday approved a new budget without a property-tax increase, but many aldermen say the mayor still needs to cut spending. The council voted 27 ...
The new tax rates proposed by the state legislature in SB 687 included an increase in corporate income taxes from 7% to 7.99%. ... Indivisible South Suburban Chicago ...
This followed a quarter-cent increase in mass transit taxes. In Chicago, the rate increased to 10.25 percent, the steepest nominal rate of any major metropolitan area in America. In Evanston, sales tax reached 10 percent and Oak Lawn residents pay 9.5 percent. [30]
Chicago and its suburbs is home to 35 Fortune 500 companies and is a transportation and distribution center. Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy.
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 ...
“More importantly, we deserve a permanent revenue stream that makes housing a right in the City of Chicago.” ... The new rate would hike the tax from $3.75 to $13.25 for every $500. Sales ...