Emanuel’s 2014 budget to include higher parking fines, towing fees
Parking fines and vehicle impoundment fees will rise under Mayor Emanuel’s 2014 budget proposal as a way to fill the city’s deep deficit. They are just the latest areas to see increases in order to fix the city’s roughly $340 million debt.
The mayor will deliver his financial plan Wednesday at City Hall.
The mayor is hoping the increases for illegally parking and vehicle impoundments will generate nearly $10 million.
The mayor is also pitching a 75-cent increase on the cigarette tax, and a 50 percent hike in the amusement tax rate on cable TV service.
These new fines would be part of a proposed $32.9 million tax, fee and fine boosting package.
The mayor has promised not to raise property taxes.