Archive for July, 2012

Chicago TIFs Took $454 Million in 2011

July 25 | Posted by Tom Tresser | TIF 101, TIF News

According to Cook County Clerk David OrrĀ Chicago’s 163 TIF districts grabbed $454 million in 2011. This is down from the $510 million TIF districts grabbed in 2010. County-wide there are a total of 443 TIF districts. In 2011 they sucked up a massive $729 million in property taxes – $454 million from the city and the balance of $275 million... Read more