Overcast and Breezy
26°FOvercast and BreezyFull Forecast

Emanuel pledges no new taxes in Chicago budget

CHICAGO – Mayor Rahm Emanuel is promising not to increase taxes, fines or fees in Chicago's 2013 budget, despite a nearly $300 million shortfall.

Instead, Emanuel says the deficit can be erased through higher revenues from things like hotel and sales taxes, as well as reforms, cost-cutting and efficiencies.

He refused to give specifics on which city services would be trimmed and would not address the prospect of public sector layoffs.

Emanuel said only that there would be "tough calls" to make in this budget.

The mayor's first budget used $220 million in taxes, fines and fees and more than 500 layoffs to balance the books.

Comments

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Daily Chronicle.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More News

Comments

Watch Now

Player embeded on all DDC instances for analytics purposes.

Nov. 24 Rod Carey press conference

More videos »

Reader Poll

What percentage of your holiday shopping will you do at locally owned stores?
Less than 10 percent
10 to 20 percent
20 to 40 percent
40 to 60 percent
More than 60 percent