Expert Says Potential City Property Tax Increase "Not Going To Be Enough" A top Chicago city official agrees with budget experts that a possible property tax hike alone will not end the city's financial crisis, reports WBBM Political Editor Craig Dellimore.
Emanuel Again Calls On Springfield To Help City Fix Its Finances
City Council Conducting Hearings On Emanuel's Proposed 2015 BudgetThe Chicago City Council has begun hearings into Mayor Emanuel’s proposed 2015 budget, and aldermen are asking questions about the spending plans, reports WBBM Political Editor Craig Dellimore.
Mayor Emanuel Proposes $8.9 Billion City Budget Mayor Emanuel outlined a 2015 city budget that holds the line on most taxes--with the exception of an increase on the parking garage tax--and promises money for education, crime prevention and job creation.
Emanuel's 2015 Budget Reportedly To Feature Increase In Parking TaxThe 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.
Mayor: No Property, Sales, Or Gas Tax Hike Next YearMayor Rahm Emanuel said the city will not raise property, sales, or gasoline taxes to balance next year’s budget, but he was mum about which – if any – taxes might go up.
Is City Hall Banking On Speed Cameras To Balance The Budget?Newly introduced speed cameras may be the answer for Chicago city officials who struggling to plug a projected $300 million hole in the next budget. CBS 2 Chief Correspondent Jay Levine reports.
Emanuel To Propose 90-Day Hiring Freeze In Next BudgetTo help close a huge budget gap, Mayor Emanuel is planning to temporarily put a hold on hiring non-essential personnel reports WBBM Political Editor Craig Dellimore.