The average Chicago homeowner's property tax bill will go up roughly 13 percent, and it will keep going up for four years. That story and more on this week's edition of The Week in Review with Joel Weisman.
chicago property tax increase
Mayor Rahm Emanuel's record $588 million property tax hike sailed through the City Council today with only 15 aldermen voting against it. The hike is the centerpiece of Emanuel's bad news budget that imposes additional taxes and fees. We speak with a panel of aldermen about the budget and how they voted.
"I'm not going to allow Springfield's dysfunction to become Chicago's dysfunction," Mayor Rahm Emanuel said during an extended interview before Wednesday's City Council vote on his proposed budget that includes a nearly $600 million property tax hike.
Emanuel: ‘I’m here to fix these challenges’
Mayor Rahm Emanuel joins us for his first extended interview since proposing his so-called "last resort" budget.