Wednesday, June 2, 2010

TIF Spending by Ward from the Reader



The 36th's take in the TIF game is $6,033,418.55. Not the lowest, but in the bottom quartile. The article notes that the wards with the lowest TIF grants tend to be those with middle- and working-class residents. That could probably describe our ward to a large degree.

TIFs generally go for business development, but as the article states, funds are often used for infrastructure. I can think of a few capital improvements right off the bat. For instance, how about some nice neighborhood welcome signs or pylons at the main thoroughfare entrances? A nice parkway down the middle of Forest Preserve Drive. Designer street lamps along Harlem and Belmont Avenues.

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