Thursday, October 30, 2008

TIF, tot, TIF, tot . . .

Posted By on 10.30.08 at 06:07 PM

click to enlarge 3940.jpg

This week's release of Cook County Clerk David Orr's annual TIF report inspired Adam Verwymeren, the Medill journalism school whiz kid who's developed a healthy obsession with the subject, to produce his third installment of "TIFs for Tots."

His first installment came out in June; his second came out in October.

Last year's TIF take was $555 million in property tax dollars, up more than 11 percent from the $500 million collected in 2006. Could the mayor's favorite program be in trouble?

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