you're reading...

Where is Rahm Emanuel Collecting $50 Million More than Expected in Chicago Taxes?

(Chicago, IL) – February 20, 2012. Mayor Rahm Emanuel today announced the release of the first-ever City of Chicago quarterly budget report, noting that city tax collection is running about $50 million higher than originally estimated.

“For the first time ever, the City is providing the public with regular progress reports on where the City stands financially to ensure a more open and honest budgeting process,” said Emanuel.

Each quarterly report will detail progress made during that quarter on the major initiatives introduced as a part of the 2012 budget.

According to today’s report, the extra $50 million is due to increases in hotel, sales and commercial real estate taxes, among others.

The quarterly report will be available online at www.cityofchicago.org.

About David Ormsby

David, a public relations consultant and Huffington Post blogger, is an ex-Press Secretary of the Illinois Democratic Party.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Submit your email address and be among the first to receive our posts by e-mail as soon as they are published. It's free.

David Ormsby, Editor

RSS Gov. Pat Quinn

  • An error has occurred; the feed is probably down. Try again later.
%d bloggers like this: