• Familiar arguments over the appropriate use of Tax Increment Financing (TIF) funds mixed with frustration over Chicago Public Schools’ alleged dodging of aldermanic requests for information about district finances during a Finance Committee hearing Wednesday. Aldermen briefly debated, but did not vote on, a proposal to create a mechanism to divert surplus TIF money to Chicago Public Schools during times of financial distress. While a district official was on hand, he did not testify–to the annoyance of several aldermen.


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