The Chicago Transit Authority's plan to establish a special transit tax-increment financing district to raise $1 billion needed to compete for federal grants to build a $3.6 billion rail transit extension could win final approval Wednesday. The City Council's Finance Committee advanced the measure to establish what would be the city's second transit TIF district at a Monday meeting, setting the stage for a full council vote Wednesday.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
$3.6 Billion for five miles of track. The set asides in that amount for ‘friends and pals’ must be absolutely breathtaking.
Just another way of stealing from the next unborn generation. Got to hand it to Chicago and Illinois no one steals better than they do.