So your property taxes are rising each year, and that increase is going to Wilson Yard, Columbus Maryville, and Uptown's other four TIFs. Enjoy the movie theatres, the ever-elusive high-end grocery store, and Crate and Barrel, y'all!
Update: The Reader once again takes on TIFs: The Armies Are Gathering. Now that the word's out about how TIFs suck money away from the schools, parents are rallying to raid the kitty.
As this shows our city and state is broke and our future looks like all the wasteful spending that has done, the taxes from Obama and from this state will give us a very dim future and I see no answers to the damage that has been done by our so called leaders.
ReplyDeleteinteresting that the time period exactly correlates with Daley's reign
ReplyDeleteI've been told I'm displaced (7 years teaching, 5 with CPS, 2 masters degrees and ESL and SPEd credentials)- I passed on class lists for my colleagues today for 35 students and then some. It's seriously going down. Tomorrow I'll say goodbye to my students and see how this game of funding "chicken" works out for our schools. The union president is stirring the pot on TIF money, and I hope the public is listening- a pay freeze and furloughs would help, but wouldn't be necessary if there was some long-term reform. This article is great. I'm seeing more and more that is exposing TIFs for the damage they've caused.
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READER- The Armies are Gathering
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