Tom Tresser

  • Roundy’s Hits TIF Jackpot

    by - Dec 8, 2012
    According to The Center Square Journal, it’s full speed ahead for a development project on Lawrence Avenue that will house a Mariano’s Fresh Market to receive $4.5 million in our property taxes. The...
  • IL Gives Out $1.5 Billion Annually To Corporations – We Are NOT Broke

    by - Dec 2, 2012
    A Times investigation has examined and tallied thousands of local incentives granted nationwide and has found that states, counties and cities are giving up more than $80 billion each year to companies. The...
  • TIF Take = 34% Of All Property Tax Revenues!

    by - Nov 28, 2012
    Here is the real break down of where our property taxes are going:   TIFs are collecting and keeping 34% of the property taxes collected by the City of Chicago!      ...
  • We Feel You, Joplin School District

    by - Nov 21, 2012
    From The Joplin Globe comes news of the fall-out when new TIF districts are created. Local public schools loose. Increasingly, school district administrators are pushing back. No wonder the Chicago Teachers Union, parents...
  • How Hot Was Your Ward In 2011 – TIF-Wise?

    by - Nov 20, 2012
    Check out this heat map ginned up by one of CivicLab’s fearless volunteer civic coders. It shows how much revenue was extracted from Chicago’s 50 wards in 2011. The grand total was $454...
  • Hyatt Hotel TIF Protest

    by - Nov 12, 2012
    According to the Chicago Tribune, “Several hundred protesters marched along Michigan Avenue Monday morning to voice opposition to the school closings plan being put together by Chicago Public Schools. Organized by the Chicago...
  • Mariano’s Opens In Greektown – You Helped Pay For It

    by - Oct 29, 2012
    An upscale Mariano’s opens in Greektown on October 30, 2012. Chicago taxpayers – you helped pay for it! They got $7 million in property taxes from Chicago’s TIF Program. Bob Mariano was on...
  • Developer Rejects TIFs!

    by - Oct 25, 2012
    Missouri real estate developer Fred DeMarco published an op-ed piece in the Columbia Daily Tribune entitled “TIFs are a growth industry” where he rejects the notion of being subsidized by the public to...
  • Chicago TIFs Took $454 Million in 2011

    by - Jul 25, 2012
    According to Cook County Clerk David Orr 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...
  • Preserve Public Services, Sunset Chicago’s TIFs

    by - Sep 19, 2011
    The annual reports f0r Chicago Tax increment Finance Districts are out.In order to find out how much they cost the taxpayers, one would have download all the PDF reports, open them up one...