AP Photo/John O'Connor
SPRINGFIELD, Ill. (AP) — Chicago Mayor Lori Lightfoot crisscrossed the state Capitol Tuesday looking for help from lawmakers to make a Chicago casino feasible and shore up the city’s budget.
The Democrat is troubled by a study last summer that showed that Illinois’ “onerous” tax structure on casinos would hamstring the Chicago gambling house approved by the Legislature in the spring. The study estimated a casino operator would see profits of only 1%.
Lightfoot told reporters after meeting with House Democrats that talks are continuing and said legislation to fix the casino problem would come “shortly.” She didn’t say whether that meant before Thursday’s adjournment of the fall session.
The mayor also said she’s still pursuing an increase in the tax paid on high-end real estate transfers to plug an $838 million budget shortfall.