Mayor Lori Lightfoot considering $94 million property tax increase, more than 300 city worker layoffs and gas tax hike, as part of plan to close $1.2 billion budget gap, sources say

Chicago Mayor Lori Lightfoot is considering a $94 million property tax increase, layoffs for more than 300 city workers and a gas tax hike as part of her plan to close a $1.2 billion budget deficit, sources told the Tribune.