TIF 101

Citizens for Tax Justice  has released a preview of its forthcoming major study of Fortune 500 companies and the taxes they paid — or failed to pay — over the 2008-10 period. The...

Carole Brown, a senior managing director at the financial services firm of Siebert Brandford Shank & Co, LLC, is the chair of a new TIF Reform Panel named by Mayor Emanuel. When I...

TIF Report founder and Editor-in-Chief Tom Tresser wrote an article for The Lincoln Central Association that appears in their Spring 2011 edition of “THE LCA Watchdog.” This is especially relevant because the folks...

Tax Increment Finance (TIF) is in the news. It should be. As esoteric as the subject might be, you should care about this program if you own property in Cook County. When a...

The TIF Report is seeking investors and collaborators. We think there is a need and a market for an ongoing, grassroots, incisive and hard-hitting reporting on how Tax Increment Finance districts work. We...

In 2009 there were 422 TIF districts in Cook County – 158 in the city of Chicago and 264 in the suburbs. They diverted a total of $839 million in county property taxes!...

TIF Dollars Are Property Tax Dollars Money for TIF-funded projects comes from the property tax paid by owners of residential, commercial and industrial property. Eight local taxing bodies, including the City, Chicago Public...

Tom explains how TIFs work and why they are so important in understanding the financial health of the city and county. Tweet