Chicago Teachers Union Issues Statement on Tax Increment Financing Surpluses
July 31, 2019
July 31, 2019
CHICAGO, Illinois, July 31 -- Chicago Teachers Union issued the following statement by President Jesse Sharkey in response to the news that the city has amassed hundreds of millions of dollars in additional tax increment financing surpluses, funds that should be returned to public school communities:
"For years, Chicagoans have been stuck with the consequences of the abuse of TIF funds--including the proliferation of TIF districts for projects that are neither blighted or in ne . . .
"For years, Chicagoans have been stuck with the consequences of the abuse of TIF funds--including the proliferation of TIF districts for projects that are neither blighted or in ne . . .