Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday.
Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday. Tyler Pasciak LaRiviere / Chicago Sun-Times
Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday.
Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday. Tyler Pasciak LaRiviere / Chicago Sun-Times

Crime has overshadowed the economy in the Chicago mayor’s race, but it’s important to understand how a Vallas or a Johnson administration will approach budgeting, taxes and the city’s finances.

Reset hears the mayoral candidates’ plans for property taxes, new taxes, other lines of revenue and pension payments.

GUEST: Mariah Woelfel, WBEZ city politics reporter

Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday.
Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday. Tyler Pasciak LaRiviere / Chicago Sun-Times
Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday.
Rival mayoral candidates Paul Vallas (left) and Brandon Johnson (right) shake hands before their first forum of the runoff campaign at NBC 5 studios in the Peacock Tower on Wednesday. Tyler Pasciak LaRiviere / Chicago Sun-Times

Crime has overshadowed the economy in the Chicago mayor’s race, but it’s important to understand how a Vallas or a Johnson administration will approach budgeting, taxes and the city’s finances.

Reset hears the mayoral candidates’ plans for property taxes, new taxes, other lines of revenue and pension payments.

GUEST: Mariah Woelfel, WBEZ city politics reporter