Aldermen Approve Water And Sewer Tax Hike To Fund Pensions
With no debate, Chicago aldermen on Wednesday approved Mayor Rahm Emanuel's plan to raise water and sewer taxes by nearly 30 percent to help shore up the city's largest pension fund.
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With no debate, Chicago aldermen on Wednesday approved Mayor Rahm Emanuel's plan to raise water and sewer taxes by nearly 30 percent to help shore up the city's largest pension fund.
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A day after a City Council committee backed Mayor Rahm Emanuel's plan to raise the water and sewer tax to fund the city's largest employee pension system, an alderman offered some possible alternatives he'd like to see considered instead.
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A City Council committee has signed off on Mayor Rahm Emanuel's plan to raise water and sewer taxes to help shore up the city's largest employee pension fund.
The City Council Finance Committee was set to vote Thursday on Mayor Rahm Emanuel's proposal to raise water and sewer fees to help shore up the city's woefully underfunded employee pension systems, but some aldermen have questioned the mayor's math on the plan.
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