As the Bears look for help to make their next move, this time from Chicago's Soldier Field to suburban Arlington Heights, their original hometown is joining with more than 100 cities and towns in signaling to state lawmakers that broader tax-increment financing reform — viewed by some as a prerequisite for any Bears incentives — should be punted.
This article is poorly researched and terribly misleading. See excerpt from article pasted below,. It misleads reader to believe that TIF taxes are paid ‘…as they always have’. There is nothing in the article to explain that 40 years of INFLATION of property value assessments (not explained by the misleading statement ‘When improvements are made to properties in a TIF district, the property owners’ taxes will be higher. However, the taxes paid on top of the base amount — in other words, the taxes property owners pay on improvements they have made — are put into a special fund. “ Most… Read more »
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.
This article is poorly researched and terribly misleading. See excerpt from article pasted below,. It misleads reader to believe that TIF taxes are paid ‘…as they always have’. There is nothing in the article to explain that 40 years of INFLATION of property value assessments (not explained by the misleading statement ‘When improvements are made to properties in a TIF district, the property owners’ taxes will be higher. However, the taxes paid on top of the base amount — in other words, the taxes property owners pay on improvements they have made — are put into a special fund. “ Most… Read more »