Chicago aldermen on Tuesday narrowly approved Mayor Lori Lightfoot’s $12.8 billion “pandemic budget” for 2021, a package that will fund city government through the next fiscal year while closing a projected $1.2 billion budget deficit fueled by coronavirus pandemic-driven revenue losses to municipal coffers. Among other things, the package includes a $94 million property tax hike, as well as increases in fees and fines. Here are five things to know.
Related posts
-
Police: Pedestrian killed in Wood Dale
The pedestrian, a 31-year-old man later identified as Jorge Velasquez of Bensenville, was pronounced dead at... -
From ‘ghost town’ to boom town: How Arlington Alfresco kept downtown thriving
The co-owners of Hey Nonny in Arlington Heights faced financial difficulties when COVID-19 forced their business... -
Barnes & Noble nears return to downtown Naperville
Barnes & Noble is opening a new Naperville store on Wednesday, April 23, in a former...