Chicago City Council rejects Mayor's tax proposal l Full meeting

CHICAGO (CBS) - 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.
Members of the City Council have voiced their opposition to raising property taxes. Johnson seemed to be backing off perhaps a bit on the amount he proposed increasing taxes by, $300 million, as aldermen made suggestions for alternatives to raise revenue.
Some aldermen recommend contributing less to the city's advance pension fund as an alternative revenue-raising solution. The mayor maintains his promise to fund the pension program.
Other ideas include raising the garbage collection fee or increasing taxes on liquor to increase revenue.
----
CBS 2 News Chicago brings you breaking news, weather, compelling exclusive content and award-winning investigative reports from the CBS 2 Investigators.
Subscribe to CBS 2 News Chicago on RUclips : / cbschicago
CBS 2 NEWS 24/7 LIVESTREAM: www.cbsnews.co...
CBS 2 NEWS ON PLUTO TV: pluto.tv/en/li....
CBS 2 NEWS WEBSITE: www.cbsnews.co...
FACEBOOK: / cbschicago
X (TWITTER): / cbschicago
GET THE CBS 2 NEWS APP: apps.cbslocal....