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Richard Daley
PI Original
by Angela Caputo
4:12pm
Thu Nov 19, 2009
1 comment

Yesterday At City Hall: Daley's Budget, Wal-Mart, DREAM Act, Police Transparency

Labor

The Chicago City Council held its full monthly meeting yesterday.  We've got some of the highlights: Budget Priorities Take A Beating All eyes have been on Mayor Daley's 2010 spending plan as of late, which relies on $370 million from the city's asset-sale proceeds to ...

PI Original
by Angela Caputo
3:18pm
Tue Nov 17, 2009

Is This Daley's Idea Of TIF Transparency?

Chicago City Council

Mayor Daley appears to be feeling the pressure to come clean about
his plans to spend the city's $1 billion tax increment financing (TIF)
surplus.  As regular readers know, the city's unprecedented budget shortfall has opened the door to some long-overdue questions about ...

PI Original
by Angela Caputo
2:54pm
Tue Nov 10, 2009
4 comments

Over 90 Percent Of Daley's Property Taxes Go Towards TIF

Taxes

Each fall, Cook County Clerk David Orr releases an annual tally of how much public money has been absorbed into Chicago's massive tax increment financing (TIF) system. Like clockwork, each new report reveals that hundreds of millions are whisked away from schools, parks, ...

PI Original
by Angela Caputo
1:44pm
Tue Nov 10, 2009

Round Two In The Fight Over Outsourcing Chicago Schools

State Legislature

With less than a week to go before the Chicago Board of Education votes on whether or not to authorize six new charter schools, Chicago Public Schools (CPS) held a round of public hearings last night. School reform advocates have long complained that CPS handpicks which ...

PI Original
by Josh Kalven
11:57am
Mon Nov 9, 2009

Tribune: Daley Has Gotten "Carried Away" With TIF

Tax Increment Financing

Since the Reader's Ben Joravsky and Mick Dumke published their latest report on Chicago's shady tax increment financing (TIF) system, we've noted the increasing media attention being devoted to the issue, with some reporters even going so far as to refer to as a "huge ...

PI Original
by Angela Caputo
12:39pm
Fri Nov 6, 2009

Daley's Mental Health Blunder Continues ...

Chicago City Council

This past spring, a new $16 million system implemented by the Chicago Department of Public Health (CDPH) turned out to be so flawed that patient mental health bills weren’t submitted to the state for six months in 2008. This so-called "glitch" led to a loss of more ...

PI Original
by Angela Caputo
3:36pm
Mon Nov 2, 2009
4 comments

Daley Tries - And Fails - To Defend His TIF Empire

Tax Increment Financing

With his public opinion at an all-time low and questions
circling about his "creative" city financing, Chicago Mayor Richard
Daley is making the media rounds -- sitting down with both WLS' Bill Cameron and WBEZ's Eight Forty-Eight in recent days. Not surprisingly...

PI Original
by Angela Caputo
3:07pm
Fri Oct 30, 2009

Another Example Of Illinois' Regressive Tax Policy

Richard Daley

If you want to know why property tax rates are climbing, just look to the state's regressive income tax system.

PI Original
by Angela Caputo
12:37pm
Thu Oct 29, 2009
2 comments

Ald. Allen: We Should Rename TIF "The 'Over-Tax Fund’"

Chicago City Council

Is Northwest Side Ald. Tom Allen (38th Ward) emerging as the Chicago
City Council's leading tax increment financing (TIF) watchdog? Since
Mayor Daley began to detail just how bad the city's finances have
become, Allen has been one of the most vocal critics of the mayor's ...