Speed-camera revenues figure in Emanuel’s ‘children first’ budget
October 10, 2012
This article focuses on projected revenue from new speed cameras and other details from Mayor Rahm Emanuel’s FY2013 budget proposal. The Civic Federation said the Mayor outlined a reasonable plan to reduce the City’s structural deficit, but warned pension funding remains a dangerous threat to the City’s finances. As described in this post, the City faces a $700 million increase in its required pension contributions in FY2015.