Chicago Mayor Rahm Emanuel expressed little concern over Moody’s Investors Service’s announcement that it might downgrade Chicago’s already-junk-rated bonds over CPS budget problems.

High parking fees in the city only add to the heavy burden of taxes and fees Chicagoans face.

Gov. Bruce Rauner issued an amendatory veto nixing fee hikes from a 911 service reauthorization bill lawmakers sent to his desk, noting Illinoisans already pay some of the nation’s highest taxes on their cellphones. But those fee hikes will become law, as lawmakers have voted to override the governor’s veto.

Gov. Bruce Rauner issued an amendatory veto nixing fee hikes from a 911 service reauthorization bill lawmakers sent to his desk. Illinoisans already pay some of the nation’s highest taxes on their cellphones.

In two separate deals with JPMorgan, CPS borrowed $387M to make a teacher pension payment at end of June and as a result of the deal, will accumulate at least $7M in interest.

Chicagoans already pay the highest in the nation 911 surcharge and a newly passed bill would raise that rate even higher.