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Municipal Bond Credit Report: Chicago Mayor proposes property tax increase to close budget gap

by

Geoff Weitzel

Municipal Bond Credit Report: Chicago Mayor Brandon Johnson on Wednesday proposed a $17.3 billion fiscal 2025 budget that calls for a $300 million property tax increase, a move that reverses a campaign promise but avoids cutting back on pension payments that are integral to the city’s credit ratings. .. Link to Story

About FIRVA Capital Management

We sell Municipal and Corporate issuer credit risk research. We also manage two partner seeded private funds for information purposes using our research; a liquidity fund and a multi-asset fund.

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