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
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.