As CPS has faced surging pension costs and a plummeting credit rating — the district borrowed $ 725 million Wednesday at an extraordinarily high interest rate to stay afloat this year — Emanuel has
sought budget relief from the state.
Not exact matches
They also said they might
seek ways to include financial
relief within the state
budget.
Barring any big changes, the state
budget headed next week to the Legislature would give contractors some long -
sought tax
relief.
Notes to Editors Paragraph 2.3 of the Overview of Tax Legislation and Rates
budget book states that for anyone
seeking to claim more than # 50,000 in otherwise unlimited
reliefs, a cap will be set at 25 % of income (or # 50,000, whichever is greater).
ALBANY — Mayor de Blasio traveled to the Capitol Tuesday
seeking relief from Gov. Cuomo's
budget cuts but instead received a grilling over his resistance to a property tax cap.