Rimaye | Chicago Reader

Recent Comments

Re: “The Poor Pay Again

Little_Pig, you can find the balances for each district, as well as projections of revenue and future projects, here:

http://www.cityofchicago.org/city/en/depts…

Take some of the "potential projects" with a grain of salt, though. Actual expenditures are often different from projected.

Posted by Rimaye on 11/20/2010 at 2:44 PM

Re: “How Much Does the Mayor Pay into TIFs?

"By contrast, cash-strapped schools are getting a mere 3.9 percent of the Daley's property tax dollars. This goes to show how much strain the TIF system are putting on those local taxing bodies entrusted to deliver education and other public services."

This statement isn't accurate. Local taxing bodies are free to levy as much as they need, TIF or no TIF - the only difference is that everyone pays more in taxes to fund both the TIF and the schools. If the TIF Daley is in didn't exist, he would still pay almost as much in taxes: he would pay the taxing bodies more, and everyone else would pay them slightly less. So really, the ones strained by TIFs are the taxpayers, not the taxing bodies.

Posted by Rimaye on 11/12/2009 at 9:50 AM

Favorite Places

  • None.
Find places »

Saved Events

  • Nada.
Find events »

Saved Stories

  • Nope.
Find stories »

Custom Lists

  • Zip.