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Tif Reform

Did Mayor Daley Favor Wife Maggie's Non-Profit? Audit Suggests So

Posted 12.04.2011 | Chicago

A review of tax increment financing (TIF) public benefits clauses and charitable donations released Tuesday by Inspector General Joe Ferguson alleges ...

WATCH: Daley Weighs In On Rahm's Performance So Far

Posted 11.22.2011 | Chicago

Former Mayor Richard M. Daley had little to say about Mayor Rahm Emanuel's performance in Chicago, but doled out veiled criticism by highlighting prob...

Emanuel's TIF Panel Demands More Oversight, Transparency

Posted 10.29.2011 | Chicago

A task force formed by Mayor Rahm Emanuel during his first week in office to evaluate Tax Increment Financing (TIF) submitted a 100-page report to the...

City Greenlights $7M TIF For Upscale Greektown Grocer

Posted 09.12.2011 | Chicago

On Tuesday, the city's Community Development Commission approved a $7 million public subsidy, through the city's controversial tax increment financing...

Meet The Team That's Tackling Chicago's $500 Million Shadow Budget

Chicago Tribune | Posted 07.19.2011 | Chicago

Fulfilling a campaign promise, Mayor Rahm Emanuel today impaneled a committee to study the effectiveness of the special property tax districts that pr...

GOING FOR BROKE: City's Bank Account Is Nearly Empty

Posted 05.25.2011 | Chicago

UPDATE: Chicago's budget director told aldermen that the city will face a $655 million budget shortfall in the coming year, according to a new Sun-...

TIF Sunshine Ordinance Passes City Council 48-0

Huffington Post | Posted 05.25.2011 | Chicago

It's about to get a lot easier to find out where the reams of city taxpayer money spent on Tax Increment Financing districts goes. On Wednesday the C...

TIF Sunshine Ordinance Passes Committee

Huffington Post | Posted 05.25.2011 | Chicago

A bill that would require the City of Chicago to disclose all the financial details of murky Tax Increment Financing (TIF) deals is a step closer to b...

Eternal Sunshine of Chicago's Mind: TIFs Need to be Brought Into the Light

Esther J. Cepeda | Posted 05.25.2011 | Chicago
Esther J. Cepeda

TIF districts make eyes glaze over because they're difficult to understand, difficult to track, and it takes decades to see the results of bad governance, perfect conditions for pulling the wool over citizens.