The overwhelming vote was largely symbolic. Negotiations aimed at reducing or eliminating the property tax increase and replacing it with a healthy mix of new revenues and reprogrammed federal pandemic relief funds began last weekend.

Mayor Brandon Johnson presided over a special meeting of the Chicago City Council on Thursday where alderpeople unanimously voted down his property tax proposal.

In a special meeting, Chicago's City Council voted unanimously to remove the mayor's proposed $300 million property tax increase from the 2025 budget plan. Why it matters: The removal of the tax hike will force Mayor Brandon Johnson to make hard decisions on other ways to generate more revenue or where to make cuts to city services.