Mayor Rahm Emanuel will raise taxes on hotel rooms and downtown parking — along with fees on city stickers for SUV’s — to chip away at Chicago’s $635.7 million shortfall, aldermen were told Tuesday.
Emanuel has promised to erase the deficit without a general tax increase on sales or property or by cutting police officers or using one-time revenues.
But, he has opened the door to raising a host of more specialized taxes and fees, while turning off the free water spigot for hospitals, universities and other non-profits.