Heh! Confused?
Concerned about a political backlash from struggling homeowners, Mayor Daley tried Tuesday to portray a $43 million property tax increase for Chicago Public Schools as an “abatement.”So this is about that property tax increase for the schools?
That’s because his handpicked school officials wanted to raise property taxes by the maximum allowed by the property tax cap, as they have for 11 of the 14 years since Daley’s school takeover.
Instead, the mayor demanded that they cut the increase in half.
“They’re not raising property taxes. We’re abating 50 percent of the property tax. ... Instead of going up to $83 [million] or $100 million, we’re abating about fifty-some million,” Daley said.
“We’re abating almost 50 percent [of what the tax increase could be]. That’s what we’re doing. Any other questions?”
Daley refused to discuss the record $900 million deficit the Chicago Public Schools are facing in 2010, telling reporters, “One year at a time.”
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