CBS 2 Chicago wbbm7801059 670 The Score

Tax Increment Financing

FBI

Report: Mole In Rezko, Carothers Cases Arrested For Fraud

Federal authorities gave long-time government mole John Thomas a Good Friday surprise, arresting him at his home early Friday morning, the Sun-Times is reporting.

04/18/2014

Construction, generic sized image

Elk Grove Village Board To Vote On $860M TIF District

Elk Grove Village trustees were set to vote Tuesday night on the proposed creation of an $860 million special taxing district to pay for renovation of a major industrial park.

03/11/2014

A model of the new 45-story River Point office tower, to be built at Lake and Canal streets, at the head of the Chicago River. (Credit: CBS)

Activists Slam Use Of TIF Money For Park At West Loop Tower

Dozens of protesters rallied at the site of a new West Loop office development along the Chicago River on Tuesday, upset that taxpayers’ money is supporting the construction.

WBBM Newsradio–06/26/2012

Empty Classroom

Report: TIF Funds Aren’t Helping Schools

Are Tax Increment Financing District funds fairly distributed when it comes to Chicago schools? A sociology professor who has looked at the books thinks not.

CBS Chicago–06/06/2012

City Hall

Finance Committee OKs Mayor’s Infrastructure Trust Plan

Mayor Rahm Emanuel’s controversial plan to fund $1.7 billion worth of public construction projects with private money cleared a major hurdle Monday, after a City Council panel endorsed the plan, following five hours of debate and a mini-revolt from aldermen concerned about a lack of City Council oversight.

CBS Chicago–04/16/2012

Golden Toilet

Activists Bring Golden Toilet To City Hall, Protest Grant To CME

Protesters gathered outside the Mayor’s Office with a golden toilet Wednesday, demanding that Mayor Rahm Emanuel create jobs with $33 million in taxpayer funds that had gone in part to the CME Group so the company could renovate its restrooms.

CBS Chicago–02/08/2012

Take Back Chicago Protest

Protesters Slam Tax Increment Financing Program

As Mayor Rahm Emanuel unveils his first budget, corporate protesters are taking their message to City Hall.

CBS Chicago–10/12/2011

Maggie and Richard Daley at an event to honor them for their support of the arts on Nov. 22, 2010. (CBS)

Daley: Allegations About Maggie’s Favorite Charity ‘Disgraceful’

Former Mayor Richard M. Daley is responding angrily to allegations about his wife’s favorite charitable project.

CBS Chicago–10/10/2011

Rahm Emanuel discusses early childhood education rating system. (Credit: Craig Dellimore/WBBM Newsradio)

Emanuel Seeks TIF Funds For Library, School Parking Lot

Mayor Rahm Emanuel is proposing using Tax Increment Financing funds to build a new library in the Albany Park neighborhood and a parking lot for a school in Bronzeville.

CBS Chicago–10/05/2011

City Hall

Aldermen Push For TIF Reform

A group of Chicago aldermen, along with the Chicago Teachers Union and some community groups, rallied at City Hall Tuesday to push a move to allocate surplus TIF money to go back into the budget.

WBBM Newsradio–10/04/2011

Maggie Daley and Mayor-elect Rahm Emanuel visited After School Matters programs at Foreman High School on March 31, 2011. Daley founded the program more than 20 years ago. (Credit: CBS)

Report Questions If Developers Pressured To Give To Maggie Daley Charity

City Inspector General Joe Ferguson said Tuesday that former Mayor Richard M. Daley’s administration forced several firms that received city development subsidies to direct a portion of their own funds to charities, including one run by the ex-mayor’s wife, Maggie.

CBS Chicago–10/04/2011

(Credit: AP)

Protesters: United Not Doing Enough To Get Benefits From City

A couple dozen protesters stood outside United Airlines’ Chicago offices on Sunday to demand that United do more for the city.

WBBM Newsradio–08/28/2011

Chicago Mayor Rahm Emanuel (Credit: Craig Dellimore/Newsradio 780)

Mayor Emanuel Gets Earful On TIF Program

Mayor Rahm Emanuel’s TIF Task Force got an earful from the public Thursday night.

CBS Chicago–07/29/2011

Mayor Richard M. Daley

Daley Praises West Rogers Park, Extols Tax Increment Financing

Residents of the West Rogers Park neighborhood honored Mayor Richard M. Daley today, as the mayor called the area “a ward that truly represents the entire city as a city of immigrants.”

CBS Chicago–05/05/2011