The budget Mayor Emanuel will present to the City Council tomorrow will hold the line on some key taxes, but reportedly commuters will face another hike in the tax on parking, reports WBBM Political Editor Craig Dellimore.
Chicago’s cable television customers will see a modest increase in their monthly bills, thanks to a modified amusement tax exemption tied to Mayor Rahm Emanuel’s 2014 budget.
Cook County commissioners have approved a measure that will give them the final say in whether major entertainment events like Lollapalooza will get an exemption from the county’s amusement tax.
Chicago city leaders say with a budget deficit over $700 million, the city may no longer be able to afford to give out big tax breaks to one popular entertainment attraction.
A popular online ticket marketplace is under fire from the City of Chicago, which says it should be collecting amusement tax.
A plan to use taxpayer money to help renovate Wrigley Field may be in need of 9th inning heroics.
Ald. Tom Tunney (44th) today demanded a “rigorous cost-benefit analysis” before signing on to the Cubs’ plan to use 35 years’ worth of amusement tax growth to finance a renovation of historic Wrigley Field.