Quantcast

The DNAinfo archives brought to you by WNYC.
Read the press release here.

Lincoln Square, Albany Park, Roscoe Village & North Center

Business & Economy

Politics

Hey 33rd Ward, Wanna Know Where Your TIF Dollars Go? Get Illuminated

By Patty Wetli | January 15, 2015 5:34am
Tom Tresser of the CivicLab will provide a breakdown of 33rd Ward TIF districts at a TIF Illumination seminar.
Tom Tresser of the CivicLab will provide a breakdown of 33rd Ward TIF districts at a TIF Illumination seminar.
View Full Caption
DNAinfo/Casey Cora

IRVING PARK — There are more than 150 Tax Increment Financing districts in the city of Chicago, extracting $400 million-plus in property taxes annually, but despite their ubiquity, TIFs — what they are, how they work — remain a mystery to most people.

The CivicLab brings its TIF Illumination Project to the 33rd Ward Thursday, the latest in a series of community forums designed to enlighten residents about what TIFs mean to their ward.

Tom Tresser of CivicLab will present at 7 p.m. at Brisku's Bistro, 4100 N. Kedzie Ave., providing both an overview of TIFs in general as well as information specific to the 33rd Ward — how many TIF districts are in the ward, how much money they collect and how those dollars are spent.

Tim Meegan, a candidate for 33rd Ward alderman and a teacher at Roosevelt High School, is also expected to speak at the meeting.

For those who can't make Thursday's presentation, the TIF Illumination Project recently released "TIF 101," a 20-minute video, crowdfunded through Indiegogo, that summarizes the basics of TIFs.

For more neighborhood news, listen to DNAinfo Radio here:

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Police Hiring Process Discriminates Against Blacks, Latinos: Ald. Beale

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Ald. Willie Cochran Collapses During City Council Hearing

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Trade Halloween Leftovers For FREE Pizza At Nick's Pizza & Pub

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Isla Pilipina Vying For Title Of City's Best Ethnic Restaurant

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

33rd Ward Has $1M For Capital Projects, Send Ideas For How To Spend It

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Old Irving Brewing In Running For Best Neighborhood Restaurant Award

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Sorry, Feral Cats Won't Solve City's Rat Problem, Streets & San Boss Says

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Weigh In On Mayor's 2018 Budget At 47th Ward Town Halls

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

39 Phones A Day Are Stolen On Average In Chicago

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Parking Meter Firm To Get Extra $20 Million From City In 2018

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

62-Foot Norway Spruce To Become City Christmas Tree At Millennium Park

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

82 Percent Jump In Police Accountability Budget Not Enough, Alds. Say

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Albany Park Bicyclist Shot By Group Of Men, Police Say

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

City Still Epically Failing At Recycling, But Officials Vow To Do Better

Next in Lincoln Square, Albany Park, Roscoe Village & North Center

Ravenswood Shooting Wounds 2 Men Sitting In Minivan, Police Say