News

Quinn OK with Chicago Property Tax Hike

Quinn OK with Chicago Property Tax Hike

Photo: Newsradio WTAX

Gov. Pat Quinn won’t say if he opposes legislation that would mean a hike in Chicago property taxes to overhaul two city pension systems, but says he wants to reduce reliance on such taxes as a revenue source.

He says he wants to see the bill’s final version and is awaiting its consideration on the House floor.

On Wednesday, a House committee approved the plan by Mayor Rahm Emanuel. The proposal calls for hiking property taxes by $750 million over five years. City officials initially estimated it at $250 million.

Recent Headlines

in Local

Guilty Plea in Drug Induced Homicide

scales justice

Springfield man faces 30 years in drug death

in Local

S&P Revises Illinois Outlook Downward

state_capitol_3

Standard & Poor's Ratings Services has changed its outlook on Illinois' credit rating for the worse.

in Local

Grandstand Roof Repairs Won’t Be Finished by Fair Time

statefair_grandstand

Repairs to the state fair grandstand's roof won't be finished by the time the fair begins.

in Local

“No Sign of Homicide” in Female Body Found in Rochester

rochester police

Sangamon County Coroner Cinda Edwards hopes the mystery of a woman's skeleton found in Rochester over the weekend could be solved soon.