Chicago mayor's 'Fair Share Budget' calls for increased spending, corporate tax
Headline from Fox32 Chicago
Chicago faces a major budget shortfall and a familiar fight over how to close it. Budget aims to close shortfall Mayor Brandon Johnson unveiled his long-awaited 2027 budget Wednesday, proposing a corporate head tax to help close a nearly $900 million shortfall.
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Mayor Brandon Johnson delivers his budget address to the City Council on Oct. 16, 2025, at Chicago City Hall. (Brian Cassella/Chicago Tribune/Tribune News Service via Getty Images)
Chicago Mayor Brandon Johnson formally introduces his budget plan Wednesday and he is expected to call for a corporate head tax to balance the city's finances.
Mayor Brandon Johnson is expected to present his plan Wednesday for addressing Chicago’s $882 million budget deficit, setting the stage for a contentious debate at City Hall. Chicago budget deficit plan The Chicago City Council is scheduled to hold a special meeting at 10 a.m.
Chicago Mayor Brandon Johnson is set to unveil a $17.6 billion budget proposal featuring new taxes and borrowing to cover police misconduct settlements.
Chicago faces a major budget shortfall and a familiar fight over how to close it. Budget aims to close shortfall Mayor Brandon Johnson unveiled his long-awaited 2027 budget Wednesday, proposing a corporate head tax to help close a nearly $900 million shortfall.
Chicago mayor's 'Fair Share Budget' calls for increased spending, corporate tax | Since Then
