Chicago Mayor Brandon Johnson is currently facing a significant challenge in addressing the city's nearly $1 billion budget deficit. With only five weeks left to finalize the budget, the mayor is engaged in intense discussions with aldermen to find potential revenue solutions.
The recent rejection of Johnson's proposed property-tax increase, which received criticism from the business community, has further complicated the situation. As costs continue to rise, the mayor's progressive policies are being closely examined, making the search for alternative revenue sources increasingly urgent.