Archive for the ‘TIF 101’ Category

Do You Want Some Mustard With That TIF?

June 19 | Posted by Tom Tresser | TIF 101, TIF Abuse, TIF News

Believe it or not. Vienna Beef, the Chicago-based maker of fine meat products, will be getting a gift of $5 million from the tax payers. Read about it here.

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50th Ward Illuminated

June 11 | Posted by Tom Tresser | TIF 101, TIF News, TIF Town Meeting, Training

70 people made it to the Devon Bank Tuesday night to see the TIFs of the 50th Ward Illuminated. Ben Joravsky, political reporter for The Chicago Reader, gave a great talk and urged all the attendees to call their Alderman and demand that she vote against the proposed massive public subsidy for a DePaul stadium in the South Loop.       Here is... Read more

11th & 12th Wards To Be Illuminated!

June 1 | Posted by Tom Tresser | TIF 101, TIF News, TIF Town Meeting, Training

Coming up on June 5!  https://www.facebook.com/events/639944039354990

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11th Ward TIF Illumination Preview

May 30 | Posted by Tom Tresser | Research, TIF 101, TIF News, TIF Town Meeting

Check out this ten minute interview from Outside The Loop radio to get an overview of TIFs and a sneak preview of the 11th Ward TIF Illumination coming up on June 5.

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Coverage Of 4th Ward Illumination

May 14 | Posted by Tom Tresser | In The News, Research, TIF 101, TIF News, TIF Town Meeting

  Despite a Bull’s playoff game 50 people came Room 43 on Monday, May 13 for the 4th Ward Illumination. Read the coverage at Progress Illinois. See the presentation and listen to the audio at SlideShare.

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4th Ward TIFs To Be Illuminated!

May 11 | Posted by Tom Tresser | Public Education+Organizing, Research, TIF 101, TIF News, TIF Town Meeting

It’s time to shed some light on the 11 TIFs inside the 4th Ward. Join us on Monday, May 13 at 6pm at Room 43 to learn: - How much property tax is extracted from each TIF inside the ward - How much money FROM the ward was left in the TIFs at the end of 2011 - What projects inside the... Read more

Opponents Shut Out Of Alderman’s “Advisory” Committee

April 24 | Posted by Tom Tresser | Public Education+Organizing, TIF 101, TIF Abuse, TIF News

It was Mayor Daley (I and II) all over again. In the old days, when an alderman dared to question the mayor their mike was often shut off. In other ploys meetings were quickly gaveled out of session. Opponents of a planned gift of $29 million in public funds for a luxury high-rise across the street from Lincoln Park got... Read more

A Brief History OF TIF Transparency

April 22 | Posted by Tom Tresser | Research, TIF 101, TIF News

Long time Rogers Park activist Don Gordon summarizes the TIF program from the point of view of transparency online at Chicago Now. When it comes to the lack of government transparency in Chicago, there’s no better poster child than the Tax Increment Financing program or TIF. The program was first recommended by the late Mayor Harold Washington back in the early... Read more

Uptown Residents To Protest Millions For Luxury Development

April 18 | Posted by Tom Tresser | Public Action, TIF 101, TIF Abuse, TIF News

The folks in Uptown are hopping mad at the thought of $29 million of their property tax dollars going to JDL Development to build a luxury high-rise across the street from Lincoln Park (the $36 million referenced in the flier includes $9 million for the rehab of a park district field house). And they’re making some noise. They will rallying... Read more

Englewood Neighborhood TIF Illuminated May 4

April 13 | Posted by Tom Tresser | TIF 101, TIF News, TIF Town Meeting, Training

Join us in Englewood on Saturday, May 4 at 10am at the Kelly Library when we Illuminate just one TIF. We will be exposing the Englewood Neighborhood TIF that morning. Details and RSVP via Facebook @ http://tinyurl.com/TIF-Forum-May-4. To get you in the mood to Illuminate, take this quick multiple choice question. If you live inside the Englewood Neighborhood TIF, you would... Read more