A new report analyzes the effects of “tax increment financing” on communities across the nation – and calls into question the merits of the widely used development tool.
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts controlled by the mayor, nearly half of which are located in affluent neighborhoods.
A new Illinois Policy Institute analysis finds that adults with no spouse and living with children are most likely to live below the poverty line. Education matters just as much.