CHICAGO

Daley Balances Last Budget With One-Time Revenues, Leaving Problems Ahead

12/08/2010 05:12 am ET | Updated May 25, 2011

Mayor Daley is apparently determined to go out on a political high, even if it sets his successor up for a fall.

Daley's final budget will use one-time revenues to erase a $654.7 million deficit and still hold the line on taxes, fines and fees--with the exception of an already-planned, 20 percent increase in parking meter rates.

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