George Cardenas: City Council must protect taxpayers from Mayor Brandon Johnson’s latest borrowing plan

Sunlight hits Chicago City Hall on Jan. 29, 2025. (Brian Cassella/Chicago Tribune) By George Cardenas PUBLISHED: February 18, 2025 at 1:45 PM CST Chicago taxpayers are once again being asked to shoulder the burden of an increase in debt and hasty decision-making. Mayor Brandon Johnson’s administration is pushing forward an $830 million general obligation bond issuance. Simply … Read more

Brace for impact: Tax hikes loom for South, West Side homeowners

Residential properties throughout the South and West sides, like these shown on Sept. 18, 2025 on West End Avenue in West Garfield Park, had their property assessments double or even triple last year. Those higher assessments will likely help trigger steep hikes in property tax bills for homeowners in the neighborhoods. Experts, and officials with … Read more

Reassessments are done

Many Chicago homeowners will see hefty tax increases this fall. Housing in Chicago’s Pilsen neighborhood, seen Sept. 18, 2024. (E. Jason Wambsgans/Chicago Tribune) By The Editorial Board | Chicago Tribune PUBLISHED: May 29, 2025 at 5:00 AM CDT Most Chicago homeowners will see their property tax bills rise significantly later this year — and that’s before any tax … Read more

Chicago must create a relief mechanism for property taxpayers

The Chicago skyline just before sunrise at Montrose Harbor on Dec. 12, 2024. (Antonio Perez/Chicago Tribune) By George Cardenas PUBLISHED: January 9, 2025 at 5:00 AM CST As we enter the new year, the teachers contract negotiations and Chicago’s weakly cobbled 2025 budget remain in the headlines. Simply, the current contract talks between Chicago Public Schools and … Read more