Chicago 2025 Budget Passed – It’s TIF Spackle Time (Again)

Fourth mayor in row proves my point – TIFs are a giant slush fund!

Ever do any spackling? That’s where you use a pasty putty like substance to schmear on a crack or hole in the wall. You then smooth it, sand it, and paint it – and, presto, the hole is gone.

Congressman Mike Quigley, then a Cook County Commissioner, was one of the first local civic leaders to seriously study and critique Tax Increment Financing Districts…