Tom was interviewed on the “Connected To Chicago” radio program with long time political reported Bill Cameron. We discussed “Chicago Is Not Broke. Funding the City We Deserve” in light of the Inauguration of Donald Trump, which took place shortly before we began the interview.
Tom was on “Chicago Newsroom” with Ken Davis on April 7, 2016 to talk civics, TIFs and explain why it was great to NOT get the 2016 Olympics and how Chicago is NOT broke. (46 minutes)
What a night at Malcolm X College. About 300 people showed up for the first 2016 Budget Town Hall presided over by Mayor Emanuel and attended by all his department heads. Dozens of folks got one minute to ask a question or make a statement. The room was filled with supporters of the Dyett High School hunger strikers. People young and old expressed their anger and aspirations, stepping up to the mike and demanding that the mayor first meet with the hunger strikers and accept the community-development proposal to transform Dyett into a global leadership and green technology academy.
There were also calls for coming clean on TIFs and releasing TIF funds into the general stream of local government agencies – especially our beleaguered public schools. I asked the mayor to release all documents proving his claim that most of the $1.4 billion sitting in TIFs on January 1, 2015 are NOT available for distribution. The mayor and his budget director actually responded. Budget Director Alex Holt promised Tom a meeting in the near future to answer all our questions on where the money is. Stay tuned.
Watch the exchange here:
Listen to the full exchange here.
The mainstream media in Chicago won’t cover TIFs. The aldermen are all rubber stamps who vote with the mayor 90% of the time. The university public policy shops are not interested. The downtown civic groups won’t look into TIFs. So it’s up to US to investigate and report on what happens to the almost HALF BILLION DOLLARS IN PROPERTY TAXES that Chicago’s TIFs suck up every year.
Help support the The TIF Illumination Project via this crowdfunding campaign today.
Let’s Illuminate Tax Increment Financing Districts by Tom Tresser