Watch Live: Mayor Johnson's new budget proposal goes before Chicago City Council | CBS News Chicago

CHICAGO (CBS) -- 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.
The move comes as the mayor and aldermen have been spending the weekend working to negotiate a possible deal to end the budget impasse in time for a vote on Monday afternoon. The mayor's team was holding briefings with alders on Sunday to discuss his latest plan.
Sources said one new element of the effort to pass a budget deal on Monday includes the city cracking down on major sports teams and other venues in Chicago to reimburse the city for police overtime costs for special events. That would bring in an estimated $10 million for the city.
The city spent $22.6 million on police overtime for special events this year but has only been reimbursed $2 million, leaving taxpayers to cover the remaining costs.
City law requires special event producers to pay for police services beyond 12 shifts. However, an investigation by Block Club Chicago and CBS Chicago revealed through records requests that the city has not been retroactively charging for those costs.
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