CHICAGO (WBBM NEWSRADIO) — Amid reports that Mayor Brandon Johnson plans to use a property tax increase to help close the city’s $1 billion budget shortfall, reaction is coming in from city council members.
Ald. Matt Martin (47th), whose ward includes parts of North Center, Lincoln Square and Ravenswood, was standing with service employees union leaders when he was asked about the possibility of higher property taxes to close the budget gap.
He noted that the people with him are taxpayers and housing costs are high, but he also knows new revenue must be considered…