Comptroller Susana A. Mendoza and David Doig: Mayor Johnson stripped neighborhoods of improvements by raiding TIFs – Chicago Sun-Times

"So we have joined with state Sen. Bill Cunningham and state Rep. Bob Rita to introduce legislation in the Illinois Senate and in the Illinois House of Representatives to prohibit mayors from raiding TIF funds to plug temporary budget holes. These bills would limit a mayor’s ability to declare unspent TIF funds 'surplus,' take them out of the neighborhoods and use them to boost spending at City Hall."
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Riverbender
2 months ago

I believe that Mayor Daley had quite a lot of influence when the Illinois TIF law was written. While I can understand the current frustration with Johnson, which I agree with, the real finger pointing should be at Daley who worked the system quite well in his favor leaving the rest of us to deal with it. Of course the voters chose Daley so everyone should be happy so why the long faces?

Joseph A Murzanski
2 months ago

Are we not surprised? Mayor Johnson is like a uneducated juvenile playing with a toy he does not understand. His grandstanding further identifies him as unqualified. He simply does not know of what he speaks. His financial mismanagent borders on fraud.

Mark F
2 months ago

Wait till next year’s Chicago budget when there are no TIF funds to raid!

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