Thursday, August 12, 2010
Reader: The Vanishing Beat Cop & TIFs
In the last few weeks, Daley has proposed setting aside money in next year's budget to hire 100 new police officers. But officers tell me the department should really hire 1,000 just to keep pace with the rate of retirement. That would cost the city upwards of $60 million. Where would we ever find that kind of money? Well, our old friend the tax increment financing program (you knew I'd get there sooner or later) collects about $500 million a year in property tax dollars.
Read the entire article here.
UU Note: At the last 2311 CAPS meeting, we learned how close to home this is hitting. A police officer was approaching a group of gangbangers on Magnolia to disperse them when the murder of Aaron Carter took place. That's how bold the gangs are getting: they committed a murder in full view of an approaching police officer.
Consider that, if TIF funding bought one housing unit at Wilson Yard for $350K (conservative figure), that money could have paid the salaries for eight rookie cops. It's not that we're against housing... it's that we're for more cops and against no-oversight spending of our tax dollars.