“To be perfectly frank, I think it’s just a lack of marketing about what [TIFs] do and account for,” Daley said. “We just have to show, with better marketing, we have to show what the benefits to the community are.”
The mayor said that the special taxing districts, which freeze the amount of property taxes collected within a given geographic area for up to 23 years and set them aside for local improvements, have allowed the city to build new police stations, fire stations and libraries.
THAT’S NOT WHAT TIFS ARE FOR. THAT’S SORT OF THE PROBLEM.