Mayor Brandon Johnson presides over a City Council meeting on Oct. 9, 2024. [Don Vincent/The Daily Line]

The City Council voted down Mayor Brandon Johnson’s $300 million property tax increase proposal at a special meeting Thursday, meaning the city will have to find other ways to close a $982.4 million budget gap.

“I will negotiate the details of this budget, but I will not negotiate my values,” the mayor said Thursday. “Too many past budgets have left the people of Chicago behind, and I'm determined to chart a new course.”