The property taxing district in Belleville known as TIF 3 will get to see its 47th birthday just as city leaders wanted. It took the approval of Gov. J.B. Pritzker, the General Assembly and 11 local ...

Politicians come and go. Political parties rise and fall. Once-dominant ideologies fade, only to stage a revival a generation or two down the road. Yet, one thing remains constant in the world of ...

One of Mayor Brandon Johnson’s signature projects is an ambitious plan to spend $1.25 billion over five years to build affordable housing, rehab or construct new commercial buildings and issue small ...

Tax increment financing (TIF) districts are a popular but controversial tool used by local governments to fund development projects. Supporters argue TIFs enable beneficial projects that would not ...

Mayor Rahm Emanuel's administration signed off on an elaborate financial shell game that obscured payment of $55 million for renovations at Navy Pier with tax dollars reserved to fight urban blight, ...

Edmond city leaders want earlier guarantees of private financing before committing public funds to downtown development projects. The city's tax increment financing (TIF) district has seven projects, ...