k-12 tax & $pending climate: Chicago’s declining economic base
Just look at the numbers on this list. It’s staggering.
This is what depression level pricing looks like! Does Mayor Johnson know what this does to residential property taxes to fill the gap in the levy?
Doubtful he does.
Small wonder there has been a $2B property tax shift from commercial to residential property since 2021.
Does the mayor know what the depopulating of the downtown does to retail and service industries?
How about Chicago’s 9000 restaurants that he has saddled with new costly mandates?
Trick question. Of course he doesn’t.
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35,364 fewer students.
6,343 more staff.
Still not “fully funded.”
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Real per capita federal spending:
2026: $22,550
2000: $12,915
Even adjusting for inflation and population, federal spending is up 75%.
