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Tifs

The Real Status Quo of Chicago Public Schools

Dave Stieber | Posted 07.30.2013 | Chicago
Dave Stieber

When rhetoric comes from our CEO, mayor, or anyone high up in CPS about the Teachers Union wanting to keep kids trapped in the status quo, remember that the union is run by 40,000 people who work with students and have committed our professional lives to improving the opportunities for our students.

Town Meeting Throws Light on TIFs

Tom Tresser | Posted 04.21.2013 | Chicago
Tom Tresser

Over 200 people packed the Chopin Theater Tuesday night to hear about Tax Increment Financing (TIFs) and to organize themselves to do something about them.

Matt Sledge

Chicago To Give Aggressive Hospital Debt Collector Millions

HuffingtonPost.com | Matt Sledge | Posted 05.10.2012 | Chicago

Under an agreement approved by the City Council last year, Chicago is set to hand over $6 million in tax increment financing to Accretive Health, the ...

Consider Yourself Briefed (On the Trust)

Tom Tresser | Posted 06.09.2012 | Chicago
Tom Tresser

I will state my bias plainly for all Huffington Post readers. I don't trust The Trust. It's not privatization. It's worse: it's corporatization

The Working Families and Occupy Movement Are Winning

Amisha Patel | Posted 04.01.2012 | Chicago
Amisha Patel

Last night it was announced that the CME along with several other corporations would return the TIF money previously allocated for them. When has one corporation, let alone three, ever given back TIF money in Chicago? NEVER.

CME Group, Other Firms Reject $34 Million In City Subsidies

Posted 01.31.2012 | Chicago

On the same day Mayor Rahm Emanuel announced reforms he says will improve the accountability and transparency of the city's controversial tax incremen...

Jen Sabella

CME Group's 'Golden Toilet'? Budget Cuts Renew Anger About Chicago TIFs

HuffingtonPost.com | Jen Sabella | Posted 01.25.2012 | Chicago

CHICAGO -- On Tuesday morning, a group of about 50 protesters gathered at the Board of Trade -- home of the CME Group -- to deliver a "golden toilet" ...

Rahm Feels The Love: Budget Approved Unanimously

Posted 11.16.2011 | Chicago

Chicago Mayor Rahm Emanuel scored a major victory Wednesday afternoon as his first city budget was passed unanimously by the City Council. All 50 ...

Emanuel's Budget Likely To Pass With Flying Colors

The Huffington Post | Jen Sabella | Posted 11.15.2011 | Chicago

As Chicago Mayor Rahm Emanuel said himself, the city's current fiscal situation forced him to make some "tough choices" when drafting the 2012 budget....

Fees, Cuts & Closures: A Look At Rahm's Budget Plan

Posted 12.12.2011 | Chicago

Chicago Mayor Rahm Emanuel's first budget proposal was unveiled Wednesday, and as the mayor said previously--it's bound to make some people unhappy. ...

Daley Calls City Audit On Donations To Charity ‘Insult To My Wife'

Chicago Sun-Times | Posted 12.11.2011 | Chicago

Former Mayor Richard M. Daley on Monday denounced as "disgraceful" and a "personal insult to my wife" an internal audit concluding that recipients of ...

Lake Shore Drive Tolls, City Income Tax Could Be Ahead

Posted 11.27.2011 | Chicago

Charging a $5 toll for using Lake Shore Drive and introducing a separate city income tax are just two of several ideas City Hall's watchdog has for cl...

Rahm Faces Tough Questions, Hecklers At Second Town Hall

Posted 11.01.2011 | Chicago

While Chicago Mayor Rahm Emanuel's second town hall meeting this week was reportedly less heated than a Monday meeting where Emanuel was briefly booed...

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...

Tips for Chicago's TIF Panel

David Orr | Posted 08.23.2011 | Chicago
David Orr

Members of Mayor Emanuel's newly appointed TIF panel will soon roll up their sleeves to start rebuilding city policy on TIFs. This is a welcome development.

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...

Fighting For An Affordable Housing Law, Against City Hall

The Huffington Post | Will Guzzardi | Posted 05.25.2011 | Chicago

Save for a single tree, the lot at 3230 W. Armitage is completely bare. It's plenty big, wide enough for two or maybe three brownstones, but there's n...

Will the Grass Roots Have a Horse in This Race?

Tom Tresser | Posted 05.25.2011 | Chicago
Tom Tresser

Who will be the champion of grass roots economic development, social justice, fully funding public education and reversing the trend towards privatizing everything in sight?

CPS Parents Rip Daley, Huberman On Misuse Of TIF Funds

WBEZ | Posted 05.25.2011 | Chicago

Chicago Public Schools' budget woes are causing a growing number of teachers and parents to pressure Mayor Richard Daley on TIF funding for schools. T...

Daley Says If City Took Financial Advice From State, 'We'd Be Bankrupt'

Posted 05.25.2011 | Chicago

Chicago Mayor Richard Daley does not appreciate criticism--whether it's coming from the media, Democrats or Republicans. On Tuesday, he made this abun...

The End Of The 'Shadow Budget'? Daley Mulls Using TIFs To Fill Deficit

Posted 05.25.2011 | Chicago

It has been investigated by some of Chicago's most dedicated journalists. It has been the subject of heated criticism, public debate and sunshine legi...

The Shadow Budget: How The City Spends TIF Funds, Ward By Ward

Chicago Reader | Posted 05.25.2011 | Chicago

If ever there was a community in need of economic development, it's West Englewood. It's riddled with vacant lots. Those that aren't turning to swa...

Cook County Hospital To Be Renovated For $108 Million

Chicago Sun-Times | Posted 05.25.2011 | Chicago

Old Cook County Hospital, is showing signs of new life. Today, county commissioners OK'd a nearly $108 million re-development plan, first reported by...

Wal-Mart Billionaire Wants $8 Million Subsidy

Al Norman | Posted 05.25.2011 | Business
Al Norman

An entrepreneur who married into Sam Walton's extended family, and is listed high up on the Forbes Wealthiest Americans list, is asking Missouri taxpayers to help him build a bigger Wal-Mart.

Lessons Learned From the Olympic Fiasco

Tom Tresser | Posted 05.25.2011 | Chicago
Tom Tresser

If citizens want to be protected from bad government and further rip-offs, we are going to have to rise to a new level of involvement. I have little hope that our elected representatives will truly represent us.