Chicago’s government pension obligations have increased nearly sixfold since 2014, driving up Chicago’s sky-high property taxes. Another increase for 2025 was likely avoided, but city leaders need state lawmakers to make a permanent fix.
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.
Years of exorbitant political spending in Illinois – more than $24.3 million since 2010 – has secured an enormous amount of political influence for the Chicago Teachers Union. It is now the main political player not just in Chicago, but across the state.
Where is support strongest for the gunshot detection system Chicago’s mayor wants to dump? In the Black and Hispanic wards where it is most needed and has saved lives.
Chicago’s migrant crisis has been national news and a $430-million headache. But those in the city for the Democratic National Convention will have a hard time seeing the problem because the city has moved shelters out of downtown and to the South Side.
An ominously titled document by close confidants of new Chicago Mayor Brandon Johnson states the new administration’s top priority is to take more money from households making $100,000 or more to fund what they claim is a “just Chicago.”
The new ordinance backed by Chicago Mayor Lori Lightfoot allows food trucks and other mobile entrepreneurs to operate with more freedom on city streets.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.