Chicago Mayor Brandon Johnson’s proposed budget includes $233.9 million in tax hikes including rideshare prices and streaming services. It has already passed a key committee in the city council.

Montgomery County notified some residents they will not be facing 1,400% property tax hikes as originally planned. The sticker shock stemmed from a 2007 law.

Residents in Central Illinois are feeling sticker shock from exponential property tax growth. One woman’s $756 property tax bill is skyrocketing to $10,000 in one year.

Mayor Brandon Johnson broke a campaign promise by proposing a $300 million property tax increase to fund his $17.3 billion budget. On Thursday the city council will vote, and the signs are not good for Johnson.

The “millionaire tax” was being OK’d by Illinois voters, with 60.3% voting “yes” on the advisory question about raising taxes on residents earning over $1 million a year to fund property tax relief. The problem is, millionaires would not be the only tax targets.

Chicago Mayor Brandon Johnson delivered his 2025 budget Oct. 30, including a nearly $1 billion deficit, runaway spending and low revenues that have him breaking his campaign promise not to raise property taxes.

Gov. J.B. Pritzker recently approved two laws intended to spur change in the way property taxes work in Illinois. They are old ideas that will provide more show than relief.

Updated budget forecasts show a $982 million shortfall for the upcoming 2025 budget as Chicago grapples with $223 million remaining deficit this year. Mayor Brandon Johnson refuses to rule out property tax hikes.

Illinoisans paid the second-highest property tax rate in the U.S. in 2022, with the median Illinois homeowner spending more than taxpayers in Alabama, West Virginia, Arkansas, Louisiana and South Carolina combined. See how your county compares.