Brandon Johnson, City Council and Mayor

Mayor Brandon Johnson's $830 million bond issue facing pushback from some aldermen
Any two members of the City Council could use a parliamentary maneuver on Wednesday to delay a final vote on the mayor's plan, without having to give a reason.
Johnson's $830 million bond issue stalls in City Council
Ald. Bill Conway and Ald. Anthony Beale teamed up to delay the vote on the bond issue for one meeting. Conway has complained about the size of the borrowing as well as its financing structure, which saddles Chicago taxpayers with $2 billion in added costs.
Mayor Brandon Johnson’s infrastructure borrowing plan stalled by City Council opponents
Aldermen used a parliamentary maneuver to stall the scheduled vote on the $830 million bond that Johnson wants to use to pay for a variety of infrastructure projects.
Opinion
Editorial: The City Council should reject the mayor's kick-the-can borrowing plan
Or, as 9th Ward Ald. Anthony Beale said on the City Council floor the other day: "We're all for bonding ... but the terms of this bond are ridiculous."
City Council Pumps the Brakes on Borrowing Plan and Lowered Speed Limit
Ald. Pat Dowell (3rd), who chairs the Finance Committee, pushed back on those criticisms during the meeting. She argued that concerns about the City’s credit rating were misplaced, noting that the bulk of the City’s debt is due to pension obligations.
George Cardenas: City Council must protect taxpayers from Mayor Brandon Johnson’s latest borrowing plan
Chicago’s taxpayers deserve a thorough and honest assessment of what’s at stake over Mayor Brandon Johnson’s plan to borrow $830 million.
Critics stall final vote on Mayor Brandon Johnson's $830 million bond issue for infrastructure projects
The mayor's bond plan has sparked intense debate over its potential long-term impact on the city's finances, in particular after recent credit downgrades.
City Council delays mayor’s $830M bond plan for infrastructure projects
Mayor Brandon Johnson’s plan to borrow $830 million for maintenance and infrastructure projects around the city was tabled Wednesday after debate on the floor of the City Council chambers. WGN's Dana Rebik reports on the bond plan and other measures that hit the floor in front of City Council today.
Mayor's $830 million city bond sale is a bad idea that needs a serious fix
The city needs to handle its borrowing in the most prudent way possible. Back-loading bond repayments in a way that sends the ...
Crain's Chicago Business4d
Vote on Johnson's $830M borrowing plan delayed
The mayor's borrowing plan had been criticized for its balloon repayment schedule, which would see the city pay more than $2 ...
Chicago Council Delays $830 Million Bond Vote Amid Scrutiny
The Chicago City Council postponed a vote on Mayor Brandon Johnson’s $830 million bond proposal after some aldermen ...
The Bond Buyer3d
Chicago City Council postpones GO bond vote
Chicago aldermen delayed a vote on $830 million of general obligation bonds that Mayor Brandon Johnson wants to issue.
Chicago aldermen defer vote on added debt, reject lower speed limit
Chicago’s city council has tabled consideration of an $830 million bond issue favored by the mayor. Mayor Brandon Johnson wanted the bond money for infrastructure projects, even though the additional ...
Back-loaded repayment schedule for $830M bond issue adds $2B to borrowing costs, experts say
The City Council is scheduled to take a final vote on the general obligation bond issue at Wednesday’s meeting, but any two ...
Chicago alderman slams Johnson's $830M bond proposal
Chicago aldermen delayed a final vote on Mayor Brandon Johnson’s $830 million bond proposal over concerns about long-term ...