In the on-going saga of Chicago’s best kept secret - a shadow budget kept on a second set of books - the Chicago News Cooperative’s Mick Dumke takes a look at how Tax Increment Financing, once a behind-the-scenes function of the city’s development funds, has begun to appear front and center in both city wards and in the mayor’s race.
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Results tagged “49thward”
TIFs Become a 49th Ward Campaign Issue
One Good Participatory Budget Deserves Another in 49th Ward
Earlier this year 49th Ward Alderman Joe Moore opened up hearings to his constituency on how to best spend $1.3 million in funding for infrastructure improvements. So-called participatory budgets have been around for years in South America, but the 49th Ward was the first place in the United States to try this out.
Break In At 49th Ward Political Office
Authorities are investigating a break-in at the 49th Ward Democratic Party campaign office but don't believe it was a politically-motivated break-in, so keep the "-gate" in check for now. According to 49th Ward Democratic Committeeman David Fagus that a computer and monitor were taken. According to CBS 2:
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