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Chicago mayor skips over pension funding fix in final budget speech

October 17, 2018 8:20 PM
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CHICAGO (Reuters) - Chicago Mayor Rahm Emanuel unveiled the final budget of his tenure on Wednesday, but put off addressing a pension funding challenge that will hit during his eventual successor’s term in office.

Emanuel, who announced last month he was not running for a third term, laid out a $10.67 billion all-funds spending plan, which includes a $3.82 billion operating budget, for the fiscal year that begins on Jan. 1.

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