The changes to the bill by Illinois' House Speaker and Mayor Rahm Emanuel remove controversial language requiring a Chicago property tax increase to ease the city's pension crisis. But the changes may end up being more political than practical.
Illinois Gov. Pat Quinn won’t say whether he backs a partial fix to Chicago’s troubled pension systems. The blueprint from Mayor Rahm Emanuel would raise property taxes by $50 million a year for the next five years.
Cable TV customers could end up paying more as part of Chicago Mayor Rahm Emanuel’s plan to help balance a nearly $339 million budget deficit next year.Emanuel’s administration hopes to bring in $9 million in 2014 by raising the city’s amusement tax by two percentage points on cabl