No New Property, Gasoline or Sales Taxes for Fourth Year; Budget Continues Substantial Investments in Children and Neighborhoods
CHICAGO–(ENEWSPF)–October 15, 2014. Mayor Rahm Emanuel today presented the proposed City of Chicago 2015 budget to the City Council, an $8.90 billion budget that, for the fourth consecutive year, balances the City’s finances without introducing new property, sales or gasoline taxes.
In 2012, the City faced a projected deficit of $580 million for 2015. The City’s structural…
