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Emanuel wants to borrow $25 million for new police squad cars

Sep 29, 2016

This article originally appeared in the Chicago Sun-Times

Mayor Rahm Emanuel wants to borrow $25 million to pay for new squad cars for the 970 new officers he plans to hire in the next two years, but how he will pay for the additional cops remains under wraps.

On Thursday, Emanuel’s office will seek approval from the City Council Finance Committee to tack the vehicle-related borrowing onto an existing series of general obligation bonds, Budget Office spokeswoman Molly Poppe said.

As for the estimated $134 million it will cost to put nearly 1,000 new cops on the CPD payroll, Poppe said…

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