Gov. JB Pritzker deposits $25.5M of his own money into campaign fund as he ramps up bid for third term – Chicago Tribune*

Nevertheless, the $25.5 million total represents a smaller down payment than Pritzker, who is eyeing a potential White House bid in 2028, had made by this point in his two previous races for governor. In those races, Pritzker ended up spending a combined $350 million to oust one-term Republican Gov. Bruce Rauner in 2018 and fend off a challenge from then-GOP state Sen. Darren Bailey in 2022.

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Chicago tax proposals draw concern over legality, ‘economic death spiral’ – Center Square

Chicago Board of Education member Norma Rios Sierra, who joined the school board in January after she was appointed by the mayor, threatened layoffs if aldermen did not approve Johnson’s plan to divert $1 billion in tax-increment financing funds to Chicago Public Schools. “If we do not get that TIF surplus, we’re going to be sending a lot of pink slips for Christmas, and we’re going to put it right back on you,” she told the council.

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Illinois quietly increases cost of online betting, and Chicago may be next – NBC5 (Chicago)

Mayor Brandon Johnson’s proposed budget recommendations for 2026 include additional taxes on online sports wagering, and while final votes are not set, Chicago may become the first city in Illinois to have its own such tax. Chicago’s tax, which is one of 89 proposed revenue increases from Johnson’s Chicago Financial Future Task Force, balances the sports wagering tax to Chicago’s existing amusement tax; both will be taxed at 10.25 percent.

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Chicago Set to Borrow $283.3M to Resolve Police Misconduct Lawsuits – WTTW (Chicago)

Several members of the City Council said they were shocked by the amount of money Johnson’s administration is proposing to borrow to resolve lawsuits alleging police misconduct. “It’s additional money going just to debt service, that’s not going to paying down the pension debt, that’s not going to affordable housing or public safety initiatives, mental health initiatives,” Ald. Matt Martin said. “That is not the sort of investment that I think Chicagoans want to see.”

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200 Texas National Guard members to leave Illinois after month-long stay – WGNTV (Chicago)

“This withdrawal represents an unconditional surrender by the Trump Administration,” Chicago Mayor Brandon Johnson said. “But more than that, it represents a massive waste of taxpayer dollars. The troops sat idle for more than six weeks doing nothing to make our city safer.” Sources say 300 Illinois National Guard soldiers activated by the president will remain on standby.

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