Mayor Lightfoot’s TIF “reform” does not tell you how much the scam costs.
According to Cook County clerk David Orr, in the last year alone $660 million in property taxes went into tax increment financing (TIF) districts.
The city’s TIFs will generate a record $561 million this tax year. Which means more money for the mayor to sneakily divert into vanity projects like Navy Pier.
The city continues to pursue policies that advance inequity.
Politicians making a buck on their offices is nothing new here.
The money the mayor pledged to combat violence is nothing compared to the dollars he’s set aside for the DePaul/Marriott deal.
Two years too late, the City Council takes a tough stand on Mayor Rahm’s $55 million DePaul basketball arena/Marriott hotel.
If I were alderman, how would I have voted on the mayor’s budget?
Under Mayor Emanuel, most economic development funds are spent downtown while neighborhood investments lag behind.
If columnists keep pushing the mayor’s line on TIFs, that leaves Mayor Rahm free to keep using the $400 million-a-year program as his slush fund.
When it comes to budgets, TIFs, taxes, and other financial matters, the last people we should turn to for advice are the mayor’s City Council rubber-stampers.
High school teacher Tim Meegan says he has a chance to displace the Mell dynasty in the northwest side ward.
Professor Dick Simpson’s analysis of the “rubber-stamp” City Council enables us to rank the five worst things the Mayor Rahm’s made the aldermen do.
DePaul basketball arena v. the Lincoln Avenue bus: The mayor spends hundreds of millions on a project nobody wants while saving peanuts, if anything, on bus line that thousands of seniors need.
Let’s face it, Chicago voters—when it comes to politics, you’re as wimpy as the Bears.