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New proposals for cuts, taxes on table with Chicago city budget deadline looming
The city's end-of-year budget deadline keeps on inching closer—with no deal in sight. Now, alongside increased property taxes, CBS News Chicago has learned the Johnson administration has proposed a list of new ideas of revenue—which could make it cost more to head downtown,
Aldermen push Mayor Brandon Johnson to make cuts, collaborate as budget deadline looms
A group of 28 aldermen urged Johnson in a letter Thursday to make further reductions in his budget plan to help set Chicago on a “sustainable path.”
Opinion
Flawed tax policy keeps Chicago in perpetual budget crisis
City Hall and City Council are on the clock to craft a 2025 budget. It's time for policy reforms to get off the merry-go-round of yearly financial crises.
Lyft Urges Chicago Riders to Push City Council to Reject New Tax
Lyft Inc. is asking its customers in Chicago to urge the city’s council to reject a proposed tax on rideshares in the downtown zone during the weekend, marking the latest hurdle as Mayor Brandon Johnson races to close a nearly $1 billion deficit by year-end.
Chicago budget proposal changes on table with end-of-year deadline looming
The majority of City Council members are now calling on Mayor Brandon Johnson to cut staff in his own office to help balance next year’s budget, but the mayor insist there will be no layoffs. Sabrina Franza reports.
NOLA.com
1d
After approving $177 million budget, St. Tammany looks to secure long-term justice funding
"These options will not be available in 2026," Council member Rick Smith said, referring to the last-minute budget changes ...
MoneyWeek
1d
Will there be a Spring Budget in 2025?
A Treasury spokesperson told MoneyWeek that chancellor Rachel Reeves is “committed to one major fiscal event every year”.
2d
on MSN
Economists tout tax changes as a way to help federal budget woes
A new report from the Penn Wharton Budget Model argues that the federal debt can be slashed without sacrificing economic ...
1d
on MSN
SNP rediscovers its political confidence with wily Budget
The Scottish government's moves on the two-child benefit cap and winter fuel payments leave Labour facing a dilemma.
3d
Minnesota budget surplus forecasted at $616 million, but warning signs linger
State budget forecasters project extra money on the state's bottom line in the next two years but there are warning signs of ...
Santa Rosa Press Democrat
23h
Petaluma City Schools may face $2 million in budget cuts, seeks community input
Petaluma City Schools may face up to $2 million in budget cuts in the coming school year and is seeking community input on ...
2d
on MSN
Early Budget analysis suggests several causes for concern
As with many budget statements, it was the stuff that wasn't included that tells the bigger broader story, and early analysis ...
1d
Mexico budget cuts leave it poorly placed to handle Trump deportations, sources say
Mexico's migration agencies are facing a budget crunch that leaves them poorly placed to handle the mass deportations ...
8h
on MSN
Why Minnesota is projected to face a future budget deficit, and what lawmakers might do about it
In just a few short years, Minnesota swung from having a record $17.6 billion budget surplus to seeing a projected deficit on ...
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