CHICAGO -- Mayor Richard M. Daley of Chicago's yesterday unveiled a $1.76 billion corporate fund budget for fiscal 1993 that would eliminate a projected $89 million deficit with a proposed property tax increase and budget cuts.

The $89 million deficit in the city's corporate, or operating, budgets stems from $66 million of salary increases and $23 million of increases in state-mandated pension and welfare costs. Daley said.

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