TIF Abuse

  • 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...

  • 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...

  • 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...

  • 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...

  • Coke Gets TIF, Austin Residents Get Stiffed

    by - Jul 19, 2011
    According to an excellent article in Austin Talks, Coca-Cola got $3.22 million to build a distribution facility in Austin and only 20 of the facility’s 325 employees are from Austin. Austin activist Dwayne...

  • $7 Million TIF Subsidy to Upscale Greektown Grocery

    by - Jul 19, 2011
    According to ChicagoRealEstateDaily.com, $7 million in public funds have been awarded to private developers to build an upscale grocery store in Greektown, across the street from the Dominick’s at 1 North Halsted Street....

  • Tax Breaks & Ethic Filings – Both Opaque

    by - Jun 20, 2011
    Today’s front page of The Chicago Tribune is a ringing endorsement for the concept of The TIF Report and its parent organization, The CivicLab. In the lead story on the $110 million tax...
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