Blog

To retain or return? TIFs and the city budget

By | Celeste Meiffren
Field Director

Mayor Emanuel is presenting his 2012 budget to the City Council tomorrow morning. Word on the street is that among a grab bag of fixes from fee hikes to grid-based garbage collection, he is planning on using 20 percent of unallocated tax increment financing (TIF) funds to infuse the City with an extra $15 million and give the schools a boost of $30 million.

Tip for Rahm: Don't be Daley

By | Celeste Meiffren
Field Director

No one will argue with the fact that Chicago’s budget situation is dire—and has been for some time now. But Mayor Daley masked the drastic fiscal situation in Chicago with year after year of short-term budget gimmicks. The hope now is that, as he puts forth his first budget proposal next week, Mayor Emanuel will learn from his predecessor’s mistakes, and avoid a lot of the budget shenanigans that Mayor Daley was known for.

TIFs and Charities

By | Celeste Meiffren
Field Director

The newly released Chicago Inspector General report, "Review of TIF Public Benefits Clauses and Charitable Donations," is another example of why we need more transparency of tax increment financing in Chicago.

Recycling Competition

By | Celeste Meiffren
Field Director

The "managed competition" recycling experiment officially starts today in Chicago-- where public employees will go head to head with private contractors to determine who can deliver the most efficient, cost-effective recycling service for the City of Chicago.

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