Johnson’s proposed 2027 budget would impose a $25 monthly tax per employee on companies with more than 125 workers. The measure is expected to generate approximately $100 million annually as part of the mayor’s $17.6 billion spending plan. #chicago #mayor #business #williewilson #election
Aldermen voted 46-3 Tuesday to approve the transfer of Chicago Parking Meters LLC to New York-based infrastructure investment firm Stonepeak Partners, clearing the way for a $2.53 billion transaction after months of negotiations over concessions for the city. #parking #chicago
Inspector General David Glockner said the city provided half of the $100 million initially proposed by Mayor Rahm Emanuel, but the fund has been been effectively dormant since 2020. #fund #centersquare
The nonpartisan government finance watchdog released three reports Wednesday examining the fiscal issues it says will shape CPS' financial future beyond this year's budget cycle. #cps #civicfederation #budget
The city has collected none of the $131.7 million total projected for sale of debt, advertising, augmented reality and video game licensing. #centersquare #alderman #chicagomayor