Report: Daley won't use tax increase to balance budget

September 24, 2010 (CHICAGO) The Chicago Sun-Times reports the mayor wants to use a mix of tax-increment financing, parking meter and Chicago Skyway reserves and budget cuts to balance his budget.

That means there would be no tax or fee increases, but it also means the mayor's successor will have to bail out four city employee pension funds, which will be depleted in 2030.

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