Nearly 200 tax increment financing districts created in 64 suburbs collected almost $300 million last year intended to spur development in those towns, but critics argue TIF districts divert revenue from other taxing bodies and make scrutiny of tax-spending decisions more difficult.
Related posts
-
Auto group adds two new electric vehicle dealerships in Lisle
Chicagoland Auto Group is adding two new electric vehicle dealerships in Lisle. VinFast opened Saturday and... -
‘A matter of our survival:’ Naperville restaurant owners ask city to reconsider gambling ban
Naperville restaurant owners say video gaming could provide a much needed lifeline as they struggle with... -
How a new program will keep hard-to-recycle items out of landfills
A new program arriving next month in several Lake County communities and townships targets hard-to-recycle items...