CASH FROM REAL ESTATE TAX RISES
Chicago is facing a $51 million budget shortfall -- even after $31 million in spending cuts -- but there's a silver lining. The housing market might have turned the corner. Chief Financial Officer Gene Saffold disclosed Thursday that revenues from the city's real estate transaction tax rose to $5.3 million in March, up from $3.5 million in January and $3.3 million in February. Home sales were up 26 percent in March.
CASINO HIT BY FIRE MAY OPEN IN JUNE
The Empress Casino in Joliet is expected to reopen in June, officials said Thursday. Only the casino and buffet-style eatery are initially expected to open. The rest of the casino …
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