Mayor Emanuel to ask for mega property tax hike

Mayor Emanuel to ask for mega property tax hike
Mayor Emanuel to ask for mega property tax hike

Mayor Emanuel to ask for mega property tax hike

Mayor Rahm Emanuel has been in front of residents this week asking for ideas on how to balance the city budget. But the Mayor and his budget team may already be making some moves to bring in more cash. Chicago Tribune and Chicago Sun Times are reporting this morning that the Mayor is considering the largest property tax hike in decades to bring money to the seriously underfunded fire and police pensions. There could be a garbage tax collection fee as well. Chicago Tribune City Hall reporter Hal Dardick has details on how these budget decisions would shake out for residents. (WBEZ/Robert Wildeboer)