The city of Chicago has a massive $1.1 billion budget gap to fill for 2026, and with Mayor Brandon Johnson promising not to once again pitch a property tax hike, the mayor said Tuesday he's looking at creative ways to raise tax dollars.

Chicago Mayor Brandon Johnson reaffirmed he is not planning to propose a tax increase in this year’s budget proposal. Instead he is considering several "tax-the-rich" options.

The city of Chicago has a massive $1.1 billion budget gap to fill for 2026, and with Mayor Brandon Johnson promising not to once again pitch a property tax hike – which the City Council unanimously rejected for 2025​ – the mayor said Tuesday he's looking at creative ways to raise tax dollars.