Will you support a moratorium on creation of any new TIF districts until new funding sources are identified to replace the revenue diverted to the TIF?

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

No

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

I am reluctant to support a moratorium on creation of new TIF districts under this condition without understanding the opportunity that is being presented by the proposed new TIF district. Certainly, I would work to replace any diverted funds, but the reality of financing economic development is often not that simple.

No response provided