Taxes Rising On Parking, Concerts And Sporting Events

Taxes Rising On Parking, Concerts And Sporting Events

Chicago sports fans, movie mavens, concertgoers and theater patrons will pay more to attend live events--and so will those who park their cars in garages and surface lots--under a $25 million revenue package tied to Mayor Daley's 2009 budget.

Daley tied his own hands by promising to close a massive budget gap without raising property taxes on the heels of last year's record $83.4 million increase.

But he didn't promise to hold the line on all other taxes and fees.Today, aldermen were told that the city's two-tiered amusement tax would be going up---from four-to-five percent for mid-sized venues and from eight-to-nine percent for large sporting venues.

The parking tax will rise from $2.25-per-car to $3. But the increase will be confined to the top tier of motorists who pay more than $12 to park. Daley's controversial plan to lower the threshold for applying the Denver boot--from three unpaid tickets to two--has also been watered-down to ease aldermanic resistance.

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