How do you propose to replace property tax revenue for CPS and other taxing bodies that is lost to TIF development?

Jobs & Economy
Gerald Scott McCarthy IVI-IPO 2017 Chicago City Council

I do not think revenue is lost from the creation of TIF’s. As designed, TIF programs ultimately create revenue by returning property to the tax rolls

Marcellus H. Moore, Jr. IVI-IPO 2017 Chicago City Council

Of potential solutions I’ve considered, I would support increased fees on large scale corporate/financial transactions. Also, there are some that a believe graduated/progressive income tax could increase revenues to the City. If such funds could be utilized by CPS, I would be willing to support that if that is accurate.

I support a progressive income tax at the state level which would help fund CPS. We need a dedicated stream of revenue.