Chicago’s Budget Director on State of Negotiations, New Revenue Plans
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Illinois lawmakers have passed a budget, with reported totals of either $55 billion or $56 billion, that includes new taxes on social media companies, crypto, and fantasy sports. The budget's impact on chicago is still being discussed, with the city's budget director commenting on negotiations and revenue plans, and officials citing delayed property tax bills as a factor in pension payments. The state's financial situation remains uncertain, with potential federal funding cuts looming.
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