Bottled Water Tax Not as Lucrative As City Hoped

By Margaret Lyons in News on Mar 26, 2008 5:23PM

Looks like Chicagoans weren't as thirsty for bottled water as the city had hoped. At least not in January. The 5-cent tax on bottled water brought in $550,000 in the first month of this year, which is way short of the $875,000 the city projected.

A spokeswoman for the Budget and Management Office says January isn't a good indicator of how much water people drink because it's so cold.

Good thing there's no 5-cent hot cocoa tax, or we'd be broke as a joke now. [CBS 2, photo by shrff14]