02/29/2012 01:44 pm ET

Chicago Fast Tracks Recovering Old Parking Ticket Debt Through State Tax Refunds

Windy City. City of Big Shoulders. The City that Works.

Chicago has a lot of nicknames but maybe taxpayers should start calling it the "Fastest City on Earth"--at least when it comes to collecting revenue.

Less than two weeks ago, the Chicago City Council passed a debt recovery ordinance which allowed the city to use the Illinois State Comptroller's office to grab taxpayer's Illinois income tax refund to pay for outstanding debt from parking tickets, red light camera tickets, water bills and other other overdue debt.

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