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 mayor did what he does best: avoid reality and praise himself.
The Illinois governor is once again toying with the futures of Chicago Public Schools students.
Case in point: Wealthy Winnetka spends at least $7,000 more per pupil.
Just because Mayor Rahm says every public school student gets two hours of art each week doesn’t mean it’s true.
Any way you slice it, TIFs takes hundreds of millions of tax dollars from things we say we want, like our public schools, and spend them on things we never asked for, like a basketball arena for DePaul.
Tie: Kenwood-Oakland Community Organization, Raise Your Hand Coalition, and Parents in Beverly, and Mount Greenwood
Let’s be honest—some parents just want the schools to babysit their kids.
A sop to angry parents—and a slap at the teachers’ union
Now that the word’s out about how TIFs suck money away from the schools, parents are rallying to raid the kitty.