Toni Preckwinkle and Fritz Kaegi are backing legislation that would raise the income level for senior property tax freeze eligibility, from $75,000 for the 2026 tax year to $79,000 for 2028.

Chicago homeowners on the South and West Sides are bracing for huge property tax hikes, driven by surging assessments and ...

Chicago Mayor Brandon Johnson describes the 2026 budget as “Protecting Chicago,” but his plan seems to do the opposite. Taxes ...

Mayor Brandon Johnson laid out his proposal on how to close a projected nearly $1.2 billion budget deficit in 2026.

As aldermen kicked off nearly a month of hearings by quizzing the mayor’s finance team for more than four hours, several ...

Gov. JB Pritzker ruled out a property tax break for a Chicago Bears stadium in Arlington Heights while keeping the door open ...

Mayor Johnson's proposal to revive a corporate "head tax" is opposed by local businesses, who fear it would be a job killer.

The Chicago Bears have proposed a one-time payment of $25 million to the city of Chicago in an effort to mitigate political ...

With time running short in the Illinois General Assembly’s fall veto session, Democratic lawmakers proposed new taxes on many ...