Dozens of Chicago alderpeople are expected to vote down Mayor Brandon Johnson's proposed $300 million property tax hike proposal during a special city council meeting on Thursday. Mayor Brandon Johnson wouldn't commit on Tuesday when asked if he would support possible alternatives to his proposal to raise property taxes to close a nearly $1 billion budget gap for 2025.

Mayor Brandon Johnson presided over a special meeting of the Chicago City Council on Thursday where alderpeople unanimously voted down his property tax proposal.

The overwhelming vote was largely symbolic. Negotiations aimed at reducing or eliminating the property tax increase and replacing it with a healthy mix of new revenues and reprogrammed federal pandemic relief funds began last weekend.

The Chicago City Council on Thursday rejected Mayor Brandon Johnson’s plan to raise property taxes by $300 million that would have helped close a budget gap of nearly $1 billion for next year.

The mayor and council members are now negotiating hikes to taxes and fees on alcohol, streaming services and garbage collection, among others.

CHICAGO - Mayor Brandon Johnson will preside over a Special Meeting of the Chicago City Council on Thursday. The meeting is scheduled to begin at 2 p.m. in the Council Chambers. The agenda includes Ordinance O2024-0013679,

Alders are expected to vote Thursday to reject Mayor Brandon Johnson's $300 million property tax hike, aimed at closing a $1 billion gap in the city's budget. Why it matters: The hike would boost taxes by 4.

Mayor Brandon Johnson said his proposed 4 percent increase was just a play to increase engagement on the city’s budget.

The City Council will take a vote Thursday on Mayor Brandon Johnson’s proposed $300 million property tax hike, announced when he unveiled his $17.3 billion city budget for 2025 last month. That means the mayor could make it official that he’s essentially giving up on his proposed property tax hike for city residents,