Mayor Lori Lightfoot considering $94 million property tax increase, more than 300 city worker layoffs and gas tax hike, as part of plan to close $1.2 billion budget gap, sources say

Chicago Tribune ^ | Oct 18, 2020 | Gregory Pratt and John Byrne

[kevao]

A tax on the families of every gunshot victim would close that budget gap quickly.

[minnesota_bound]

#12 those are only ghost job workers. No real person ever gets fired by the gov’t.

[Syncro]

makes sense, thanks.

[mewzilla]

Its about to get worse...

From Paul Vallas

So, the Finance Committee has passed the mayor’s proposed budget that includes an automatic annual property tax increase, without future City Council approval. The automatic tax increase will be five percent or the rate of inflation, whichever is less. This does not prevent the mayor from going to the city council for an even greater increase. Chicago will almost certainly need that in the future, given that 80 percent of Lightfoot's budget is balanced by borrowing, unspecified “efficiencies,” and yet-to-be negotiated contract savings. And don’t forget the city’s unresolved pension funding issues...

[beaversmom]

Is the shit gonna hit the fan soon?