City looks for alternative ways to generate revenue
The City of Chicago has been looking for new ways to pay for services. Property taxes went up to provide schools with more money but fees and fines appeared to be the new tax hike. On Monday the state legislature signed off on Mayor Rahm Emanuel’s call for speed cameras near schools and parks. Touted as a safety measure, the cameras could also make the city some dough-–up to $100 dollars per ticket!
Recently, WBEZ reported that city infrastructure could soon earn its keep by sporting advertisements. Are these measures a necessary evil in a time of shrinking revenue and widening budget gaps? Or is the city selling something a little more intangible? To learn more, Eight Forty-Eight spoke to Christopher Berry, from the University of Chicago’s Harris School of Public Policy, about Chicago's new revenue generators.
Music Button: Insect Surfers, "Mr. Yunioshi", from the album, Shots In The Dark, (Donna/Del Fi)