Seeking to get a budget deal done on Monday, Mayor Brandon Johnson has dropped plans to seek a $68.5 million property tax hike, sources have told CBS News Chicago, though it remains unclear if his latest proposal will win him enough votes from the City Council.

Three sources present at Sunday meetings with Mayor Brandon Johnson’s budget team said his $68.5 million property tax hike for next year has been zeroed out entirely.

Mayor Brandon Johnson has rolled out his fourth proposed 2025 budget plan with a year-end deadline looming, dropping his push for a property tax hike, but critics said his proposed spending cuts still don't go far enough.