Chicago Tax Increment Finance “surpluses” have increased more than ninefold in the past decade.

Tax increment financing districts divert public property tax dollars with little oversight, letting cities keep special taxing powers for decades, often misusing funds and shortchanging taxpayers.

Chicago Mayor Brandon Johnson delivered a budget that does little to improve the city or advance his many progressive initiatives. Here’s what it does, and what Chicagoans should be asking city leaders about what it could be.

An ominously titled document by close confidants of new Chicago Mayor Brandon Johnson states the new administration’s top priority is to take more money from households making $100,000 or more to fund what they claim is a “just Chicago.”

Chicago leaders have been unable to finish developing valuable land after 23 years and $331 million in taxes, but convinced state leaders more time and money were needed.

Outgoing Chicago Mayor Rahm Emanuel’s administration is looking to make inroads on an increase in Illinois’ gas tax.