CHICAGO — Mayor Brandon Johnson is all but giving up on his proposed $300 million property tax hike before aldermen kill it, and pushing them to find other revenue in its place to avert layoffs. Johnson’s administration is combing over alternatives to ...

Mayor Brandon Johnson reversed course after learning aldermen had teamed up to call a Wednesday city council meeting to defeat the tax.

The Chicago City Council will continue budget hearings this week while Mayor Brandon Johnson's proposed $300 million property tax increase is top of mind for aldermen. Many city leaders have called for a special meeting to reject the proposed increase to make room for alternative solutions to close a nearly $1 billion projected deficit.

Alders are expected to vote Thursday to reject Mayor Brandon Johnson's $300 million property tax hike, aimed at closing a $1 billion gap in the city's budget. Why it matters: The hike would boost taxes by 4.

One day before City Council plans to say no to his $300 million property tax hike, Mayor Brandon Johnson publicly walked away from his proposal.

Mayor Brandon Johnson wouldn't commit on Tuesday when asked if he would support possible alternatives to his proposal to raise property taxes to close a nearly $1 billion budget gap for 2025. Members of the City Council have voiced their opposition to raising property taxes.