Issue taking focus as aldermen on Friday will be forced to decide whether to accept a nearly 10% salary bump for themselves.
The issue will take center stage at City Hall this month when aldermen
Lightfoot has often had a difficult relationship with many of the 50 men and women on the council and she has proudly vowed not to horse trade with aldermen for votes. As that sometimes caustic relationship plays out, one alderman has moved to abolish her automatic property tax increase.
When she unveiled her property tax plan in 2020, Lightfoot’s justification for it was simple: Raising property taxes each year by the rate of inflation would give taxpayers more certainty than the more politically expedient Chicago tradition of mayors increasing them by a huge amount right after an election and then freezing them when election season approaches to avoid angering homeowners.
, downtown Ald. Brendan Reilly, 42nd, said the current inflation spike proves it’s far too volatile an index to use for yearly hikes.
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