Mayor Lightfoot’s TIF “reform” does not tell you how much the scam costs.
Tag: DePaul basketball arena
Posted inBlogs
Lake Shore Drive marchers: Here’s the real lowdown on the city’s budget
According to Cook County clerk David Orr, in the last year alone $660 million in property taxes went into tax increment financing (TIF) districts.
Posted inColumns & Opinion
Chicago’s TIF scam might be even more crooked than we thought
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.
Posted inColumns & Opinion
The economic causes of Chicago’s violence
The city continues to pursue policies that advance inequity.
Posted inColumns & Opinion
What Trump could learn from Chicago’s kleptocracy
Politicians making a buck on their offices is nothing new here.
Posted inColumns & Opinion
Emanuel’s violence-prevention speech proved talk is cheap
The money the mayor pledged to combat violence is nothing compared to the dollars he’s set aside for the DePaul/Marriott deal.
Posted inBlogs
Too little, too late from aldermen on Rahm’s DePaul deal
Two years too late, the City Council takes a tough stand on Mayor Rahm’s $55 million DePaul basketball arena/Marriott hotel.
Posted inBlogs
Alderman Joravsky considers voting for Mayor Rahm’s budget
If I were alderman, how would I have voted on the mayor’s budget?
Posted inNews & Politics
Who wins and loses in Rahm’s TIF game?
Under Mayor Emanuel, most economic development funds are spent downtown while neighborhood investments lag behind.
Posted inBlogs
Correcting Crain’s on TIFs
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.
Posted inBlogs
Mayor Rahm stages an aldermanic press conference
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.
Posted inBlogs
Mell challenger in 33rd Ward blasts TIF program ‘patronage’
High school teacher Tim Meegan says he has a chance to displace the Mell dynasty in the northwest side ward.
Posted inBlogs
Mayor Rahm and his rubber-stamp City Council’s hall of shame
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.
Posted inBlogs
Alderman Ameya wants Mayor Rahm to bring back full service to the Lincoln Avenue bus
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.
Posted inBlogs
Chicago’s voters deserve the Bears
Let’s face it, Chicago voters—when it comes to politics, you’re as wimpy as the Bears.