Chicago Mayor's $5 Billion Budget To Include Tax Hikes, New Reserves

Shields, Yvette
November 2004
Bond Buyer;11/9/2004, Vol. 350 Issue 32007, p32
Trade Publication
Reports on the 2005 budget proposal of Chicago Mayor Richard Daley in Illinois. Improvement of the city's general obligation credit ratings by establishing new operating reserve and a separate and permanent rainy-day fund; Generation of revenue from the privatization of the Chicago Skyway toll road; Implementation of increase in sales tax and parking fines.


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