Chicago
Dec 10, 2024
City’s property-tax hike pared down to $68.5M amid budget shortfall
Mayor previously proposed $300 million increase to help cover $982 million gap
Budget Cuts
Chicago
Nov 11, 2024
Mayor walks halfway back on proposed property tax hike
Brandon Johnson suggested $150M in tax hikes instead of $300M after majority of City Council opposed his budget proposal
New York
Sep 19, 2018
One way for NYC to get out of $252.5 billion debt: stop most construction projects
Think tank Citizen's Budget Commission also recommended slashing retiree benefits