Chicago City Council Passes Revenue Measure Without Head Tax (1)

Chicago’s city council on Friday approved a revenue ordinance for 2026 that’s a key component of a roughly $16 billion budget for the third-largest US city.

The ordinance — which passed in a 29 to 19 vote Friday — authorizes higher taxes on cloud computing and shopping bags as well as greater debt collections to fund the city’s annual spending plan. It’s a required part of the budget process. The council also approved a plan to sell $2.8 billion in bonds for infrastructure and capital projects, firefighter back pay and payment for judgments and police settlements and refinancing.

The revenue ...