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Tax Increase Possible As City Budget Gap Reaches $520 Million

First Posted: 08/30/09 06:12 AM ET Updated: 05/25/11 02:45 PM ET

Money

Chicago Tribune:

Even after the city exhausts a $320 million rainy day fund created by leasing the city's parking meters, it still must find $520 million in costs savings or new revenue to get through next year, officials said today.

Read the whole story: Chicago Tribune

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Filed by Ben Goldberger  |