CHICAGO (WLS) – Mayor Brandon Johnson said he plans to raise property taxes next year, backtracking on a key campaign promise.

This all comes as the city faces a nearly $1 billion budget deficit.

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The mayor presented his budget proposal to the city council on Wednesday morning.

He calls for raising property taxes by $300 million and eliminating more than 700 vacancies, more than half of which come from the CPD.

The mayor proposed increasing the alcohol tax and raising weekend parking fees to the same level as weekdays.

The city will also provide a one-time $145 million from the American Rescue Plan, which is COVID stimulus money.

The mayor also said there would be no layoffs as part of his proposed spending plan for next year.

This is all done in an effort to balance the $17 billion budget.

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The mayor also calls for millions to be spent on anti-violence measures, youth employment and help for the homeless.

“Our budget reflects a commitment to investing in our people and neighborhoods and ensuring every Chicagoan has the opportunity to thrive,” said Mayor Johnson. “We are meeting our challenges with strategic investments and prudent financial management.”

The budget proposal comes as at least a dozen city council members signed a letter to the mayor urging him not to increase property taxes.

They also want the mayor to extend the ShotSpotter contract, create a new Southwest Side police district, keep the CPD budget intact and more.

Some councilors said they were not informed of the plans in advance, leading to frustration.

City leaders will hold two weeks of budget hearings starting next week.

By law, a budget must be passed by December 31st.