The Illinois Answers Project of the Better Government Association found that the City has been slow to spend funds it currently has budgeted for homelessness relief. For example, as of August 2023 Chicago had only spent 15% of $52 million in federal American Rescue Plan funds allocated through the Chicago Recovery Plan for homelessness support services.
1.) Per article, TRANSFER TAX is for funding homeless service providers and not necessarily payments directly to homeless or housing providers (rent). Hmmmmm, I wonder which group of CTU/Brandons buddies could be trying to get in on the homeless services providers racket, who advocate that there are 68,000 homeless the majority of whom are “living doubled-up” (i.e. kids), as the population of school age children shrink in Chicago?
2.) Apparently, there nothing stopping using TRANSFER TAX going to service providers of “new arrival” migrants. I guess they count as homeless as well?
Freddy
2 years ago
It already passed but the citizens won’t know that until AFTER the election to make it legal.
Old Joe
2 years ago
Hmm, a graduated RE Transfer Tax. What’s next? I propose a RE Transfer Tax withholding mechanism. This could be tacked onto a property tax bill in lieu of a future sale. Kinda like taxing unrealized gains being proposed by some progs.
BJ, if you need anymore revenue raising ideas just get in touch with Mark or Ted. I’m here to help.
Waggs
2 years ago
They will continue to slow roll until the „spend it or lose it” deadline comes. Then it will be frantic, hair-on-fire set of behind-closed-doors spending decisions that will inevitably hand wads of cash to cronies.
1.) Per article, TRANSFER TAX is for funding homeless service providers and not necessarily payments directly to homeless or housing providers (rent). Hmmmmm, I wonder which group of CTU/Brandons buddies could be trying to get in on the homeless services providers racket, who advocate that there are 68,000 homeless the majority of whom are “living doubled-up” (i.e. kids), as the population of school age children shrink in Chicago?
2.) Apparently, there nothing stopping using TRANSFER TAX going to service providers of “new arrival” migrants. I guess they count as homeless as well?
It already passed but the citizens won’t know that until AFTER the election to make it legal.
Hmm, a graduated RE Transfer Tax. What’s next? I propose a RE Transfer Tax withholding mechanism. This could be tacked onto a property tax bill in lieu of a future sale. Kinda like taxing unrealized gains being proposed by some progs.
BJ, if you need anymore revenue raising ideas just get in touch with Mark or Ted. I’m here to help.
They will continue to slow roll until the „spend it or lose it” deadline comes. Then it will be frantic, hair-on-fire set of behind-closed-doors spending decisions that will inevitably hand wads of cash to cronies.