Tax Increment Financing

Mayor floats property-tax increase to cover budget shortfall

Mayor floats property-tax increase to cover budget shortfall

Brandon Johnson’s budget proposal steers clear of union layoffs and instead leans on property tax increases and surplus funds from TIF districts

Developers want public funding for vacant tracts in Orland Park

Developers want public funding for vacant tracts in Orland Park

JD Real Estate, Orland Park Lake Ventures are studying the potential to create tax-increment financing districts

Chicago Schools Want Funds Normally Given to Developers

Chicago Public Schools wants funds normally given to developers

Wants nearly $1 billion from tax-increment financing districts to cover budget shortfall