TIF Transparency in Chicago

Credit aldermen Manny Flores and Scott Waguespack for this, which passed unanimously last week: 2-45-155 Tax Increment Financing (TIF) Sunshine Ordinance. The following TlF-related documents for each active TIF district shall be made publicly available on the City of Chicago, Department of Community Development website: 1. The ordinances establishing each TIF district, including all attachments,…

Privatization & Public Safety

“I can tell you right now how to shave $10 million off the city budget,” a DeKalb business person told me recently. How? “Privatize everything.” It’s an extreme view redolent of anti-union sentiment and we will not be hearing pronouncements from city hall about contracting out for basic services anytime soon, I’m sure. However, that…

Re:New Report

Perhaps you listened to the part of the WLBK mayoral candidates’ forum last month when I challenged the notion that installation of the synthetic skating rink had translated into more downtown shopping dollars (an argument for its purchase)–in which case you then heard in response the sound of our then-acting-mayor waving a sheet of paper…

Plans for Injunction Against Dist 428

The first time we heard the “I” word, it was October. Now, it’s really happening. The District is aware that: 1) Enrollment projections by their own paid demographer are substantially lower than pre-referendum projections. 2) Pre-referendum projections on existing EAV have been lowered and are likely to decrease to reflect real market conditions. 3) Post-referendum…