• 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.


To Read More Please Login or Join

Be the first to comment

Comment here

Or sign in with email

    To comment on our website please login or join

    Please check your e-mail for a link to activate your account.