Category Archives: TIFs
Another TIF Controversy Flares Up in Chicago
New questions are surfacing about Chicago’s implementation of Tax Increment Financing (TIF) agreements. An examination by Joseph Ferguson, the city’s Inspector General, claims that $3.7 million in cash contributions was funneled to selected non-profits from private concerns that were beneficiaries … Continue reading
Filed under Inspector General, TIFs
Chicago Inspector General Releases 63 ‘Budget Options,’ Proposes $3 Billion in Savings for 2012
Different year. Different administration. Same story: the city of Chicago has a fiscal mess to clean up. To that end, Inspector General Joseph Ferguson releases a “Budget Options Report” meant to “support efforts to balance the budget by arming the … Continue reading
Filed under Fiscal Reform, Inspector General, Streamlining Government, TIFs
Hey, 2011 Candidates: Talking TIFs? Get it Right.
As the Chicago mayoral campaign heats up, we can expect to hear candidates talk of improving city life without raising taxes or cutting services. Among the first to address this elusive prospect is mayoral hopeful Rahm Emanuel’s campaign, which suggests … Continue reading
Filed under TIFs
