Chief Financial Officer Jill Jaworski said a property tax hike will likely be “part of the package” for 2026 without addressing how to get aldermen to agree to pass it.

Mayor Brandon Johnson addressed members of the media Friday for the first time since announcing he won't propose a property tax increase next year for Chicago homeowners.

I will not be proposing a property tax increase in my budget,” Mayor Brandon Johnson said Thursday. “I’m going to continue to work hard to find progressive revenue so that we can continue to make critical investments in transforming our city.

Mayor Brandon Johnson signaled, as he often does, that he will instead try again to tax the city’s wealthiest residents and corporations.

Mayor Brandon Johnson instead pledged to find new forms of “progressive revenue” to close the city’s projected $1 billion budget gap.