Best Place to Find Information About Your Local TIF District
June 24, 2010 at 4:00AM
Municipal Reference Collection
Harold Washington Library Center
400 S. State
Last year the City Council passed the TIF Sunshine Ordinance, which requires the city to post all kinds of documentation about its tax increment financing program online—yet the city’s only complied in piecemeal fashion, and it’s very difficult, even for experts, to get on the city’s Web site and figure out what’s being done with the $500 million in tax money siphoned off into the program every year. Far more useful is the Municipal Reference Collection at the Harold Washington Library downtown—in fact, it’s the only place I know of where TIF geeks can readily get hard copies of TIF annual reports, eligibility studies, and, best of all, transcripts of Community Development Commission meetings where TIF districts and projects are approved.