SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
New TIF money to be declared a surplus?

Tuesday, Apr 15, 2014

Posted by Barton Lorimor (@bartonlorimor)

* From the WTTW-TV page carrying a recent Chicago Tonight interview…

“One of the consequences of the property tax increase is more property tax revenue in TIF [Tax Increment Financing] districts,” Burns said.

There are 153 TIF districts in the city, and typically, any additional increment generated would go into the TIF districts, according to Emanuel spokeswoman Kelley Quinn.

“Aldermen Burns and Pawar came to the administration with the idea that any additional funds generated in TIFs would immediately be declared a surplus. It was a good, creative idea that the mayor fully supported,” Quinn said in a statement. “This means that CPS will get 50 percent of the surplus, while the City will receive 20 percent, of which will go towards pension payments.”

I haven’t seen any react from the CTU just yet, but Karen Lewis has been full of new revenue ideas as of late, including Ald. Fioretti’s commuter income tax…

“Revenue is the issue,” says Stacy Davis Gates, Political Director with the Chicago Teachers Union. “Pensions are not the issue. He proposed a commuter tax. He also proposed other innovative ideas.”

* By the way, while we’re on the topic of Fioretti…

ld. Bob Fioretti (2nd) slammed Mayor Rahm Emanuel Monday, calling some of his decisions “inescusable” and saying his administration had “fumbled” many projects.

He also said he’s been mulling a mayoral run in next year’s election while “meeting with people all across the city in every ward.”

“I’m honored and I’m encouraged by the responses that I hear,” he said at a City Club of Chicago luncheon Monday. The alderman promised he “will make the announcement at an appropriate time, in the appropriate place.”

* To get back to the pension issue, though…

The dialogue regarding why the Senate Republicans voted against this proposal but put green lights on others, and how the state might handle other communities that come to Springfield to adjust their pension systems is especially interesting in the long run. Now that the Mayor has broken through, others are saying they will follow…

“Personally, I was patient until Mayor Rahm Emanuel went to Springfield and showed the rest of the mayors of the state how to get it done,” Hanover Park Village President Rodney Craig said. “Then my patience kind of runs out.”

Because the General Assembly made pension reform happen for Chicago, Craig said, “I want the same level of commitment to the municipalities of the rest of the state.”

On Monday, Craig and other members of the DuPage Mayors and Managers Conference met with the Daily Herald Editorial Board to insist a state law that reduces pension benefits for police and firefighters is needed to stabilize municipal budgets and prevent pension systems from collapsing.

* Related…

* Rauner urges Quinn to veto Emanuel’s pension bill

* Ald. Pawar Kicks off Re-election Bid, Says ‘Maybe’ to Future Mayoral Run

- Posted by Barton Lorimor        


20 Comments
  1. - RNUG - Tuesday, Apr 15, 14 @ 8:18 am:

    Just the start of the maneuvering. I predicted, once the State level pensions were “addressed”, Chicago would be looking for a pension bailout / help of some kind. Now that Chicago is being “helped” (but not financially yet), other (non-IMRF) government bodies want “pension relief” also.

    Since the IL Constitution applies to all government entities in the state, this is all really premature until we know the final fate of State level “pension reform”.


  2. - Friedman - Tuesday, Apr 15, 14 @ 8:23 am:

    “Karen Lewis has been full of new revenue ideas as of late”
    Yeah, I’ll bet she is. She’s full of a lot of other stuff too.


  3. - lake county democrat - Tuesday, Apr 15, 14 @ 8:41 am:

    I have a hard time getting past Fioretti’s dismissive view of the Constitution when he worked to oust the “Felony Franks” hotdog stand because he was offended by their joking name (the company hired ex-cons to rehabiliate them).


  4. - Just Me - Tuesday, Apr 15, 14 @ 9:34 am:

    Commuter tax: Raising taxes on other people is always politically popular.


  5. - Walker - Tuesday, Apr 15, 14 @ 9:45 am:

    Burns is no fool. A simple mechanism to transfer excess funds generated by a tax change, to where they are needed. TIFs are too powerful, restrictive, and numerous, as it is.

    What I’d like to see is an open acknowledgement by all, regardless of party, that our current state annual operating budget is producing a surplus as well. Part of our increased available funds have been used to fully meet ramped up pension obligations, and the remaining surplus is being used to pay down a significant amount of overdue bills.

    We’ve got big problems still, and much more needs to be done, but our current state budget is in surplus and starting to clean up sins of the past.

    That’s reality, but no one’s clearly saying it.

    I always laugh when I hear someone complaining that we don’t have a “balanced budget” as if that is a crime. They never add “because it’s now in surplus.”


  6. - Robert the Bruce - Tuesday, Apr 15, 14 @ 9:58 am:

    Fioretti would be lucky to get 25% against Rahm.

    But I wonder if Rahm recognizes Burns and Pawar as potential mayoral opponents some day, and does that make him more open to their ideas on TIFs?


  7. - wordslinger - Tuesday, Apr 15, 14 @ 10:23 am:

    I’m sure Fioretti and Pawar are trying to get CTU and other unions to back them. They won’t be able to raise the money Rahm does, but it’s not like Rahm is a popular guy in the city these days.


  8. - Rod - Tuesday, Apr 15, 14 @ 11:33 am:

    The TIF [Tax Increment Financing] solution to every fiscal problem
    Chicago or the Chicago Public Schools has effectively and for years propagated by Ben Joravsky of the Reader. There is no question that the TIF pot has been used as a project slush fund for years in Chicago, but using TIF surpluses in order to avoid an honest discussion of Chicago’s very low property tax rate is really absurd.

    The truth is Chicago may have to use all fiscal venues including property tax rate increases, creative taxes like the commuter tax, and releasing TIF funds were possible to keep all four of the pension funds a float. TIF’s by the way have friends in the trade unions and developers, just attend a conference sponsored by the Illinois Tax Increment Association to see the construction trades unions. Almost all TIFs involving public infrastructure projects use unionized construction workers.

    I do not even want to contemplate the legitimate issue Rnug raises about the constitutionality of benefit limitations imposed by these various bills. If these are found to be largely unconstitutional the cost to the tax payers and citizens of Chicago will be even greater.


  9. - yo - Tuesday, Apr 15, 14 @ 12:19 pm:

    what is the deadline for a supreme court decision on pension bill, anyhow?


  10. - Barton Lorimor - Tuesday, Apr 15, 14 @ 12:32 pm:

    connor - Rich approached me about filling in for him days before any of those posts. Skepticism over cynicism, please.


  11. - Belle - Tuesday, Apr 15, 14 @ 1:02 pm:

    Fioretti has been my Alderman for the past year and it was pretty clear, as of a year ago, that this was on his mind.
    Daley/Rahm decided to give Fioretti in a kind of sink-or-swim more. It involves all kinds of far-flung neighborhoods instead of his typical South side. Many of these areas (parts of Reilly, Waguespack, Smith, and Moreno’s Wards) are fairly wealthy. They actually exposed him to more money. It will never be the amount that he needs to face off against Rahm but it sure changes the situation.


  12. - Yellow Dog Democrat - Tuesday, Apr 15, 14 @ 1:44 pm:

    @Robert the Bruce:

    Rahm probably recognizes everyone as a potential opponent some day.

    That said, he can only really worry about the realistic opponents who could possibly beat him. I count about half a dozen. Pawar is not on that list. He has a total of $22K on hand.

    Fioretti: $200K

    Danny Davis: $250K

    Quigley: $500K


  13. - wordslinger - Tuesday, Apr 15, 14 @ 2:02 pm:

    –Quigley: $500K–

    Has Quigley expressed an interest in running for mayor? I hadn’t heard that.

    Can’t see it now, but I’ll have to ruminate on that. If you have any ambition at all, being in the minority in the U.S. House is a pretty boring gig.

    Preckwinkle, of course, is the intriguing potential candidate. But I don’t see how she could run for re-election to county board prez then lurch right into a mayor’s vote four months later (with the distractions of the holidays in-between).


  14. - A guy... - Tuesday, Apr 15, 14 @ 3:15 pm:

    My own take on this is Quigley likes it where he is. I don’t see him going high stakes here. Someone remind me, isn’t Rahm the guy who helped engineer him into that seat in the first place? If so, that dog don’t hunt.


  15. - Yellow Dog Democrat - Tuesday, Apr 15, 14 @ 3:45 pm:

    Wordslinger:

    Mayor Daley did it.

    The thing with Preckwinkle is: she arguably has the better job. From County Board President to Mayor is more or a lateral move than a promotion.

    @A guy -

    Yeah, minority in Congress is awesome.

    C’mon. Quigley went from being in the papers every week and praised by the editorial boards every month to invisible man.

    If he doesn’t miss that spotlight, he is rarest among elected officials.

    Complete the sentence: “Since his election to Congress, Mike Quigley’s major accomplishments include….”

    I would have said that the tough hurdle for Quigley is he is not a Chicagoan, but a suburban native, but that did not seem to slow down Rahm.


  16. - wordslinger - Tuesday, Apr 15, 14 @ 4:16 pm:

    –Someone remind me, isn’t Rahm the guy who helped engineer him into that seat in the first place?–

    If I recall correctly, when designated future chief of staff Emanuel recklessly got caught on FBI taps talking crazy with obviously-soon-to–indicted Blago about “appointing” a seatholder for his Congressional seat (which neither one of those brain surgeons realized was not possible), the choice wss Claypool.

    That’s when I knew Emanuel was full of stuff. How in the world could a “smart guy” get on the phone and talk deals with Blago in late 2008, and put the president-elect in that sort of danger?

    Those conversations led to president-elect Obama being interviewed by the FBI about what those two rocket scientists were up to.

    Do you understand how dangerous that was? You can lie to a cop; if you lie to a federales, even without taking an oath, it’s a felony. An FBI agent can interpret a misstatement or a faulty memory as a lie, and here comes the indictment.

    Rahm’s a lightweight, a fundraiser and a spinmaster. That’s it.


  17. - 47th Ward - Tuesday, Apr 15, 14 @ 5:31 pm:

    YDD, I’ve worked on both sides of that building, including for a Board President. You might be the only person alive who thinks being Mayor is a lateral move. It’s a huuuuuge promotion for anyone else.

    Cook County Board President is the red-headed step child of executive jobs. All you really get to do these days is run the Forest Preserves and pay the bills.


  18. - wordslinger - Tuesday, Apr 15, 14 @ 6:13 pm:

    –The thing with Preckwinkle is: she arguably has the better job. From County Board President to Mayor is more or a lateral move than a promotion.–

    You can’t be serious.


  19. - RonOglesby - Tuesday, Apr 15, 14 @ 7:12 pm:

    “Rahm’s a lightweight, a fundraiser and a spinmaster. ” And a junior level bully to get his way.


  20. - Johnny Justice - Wednesday, Apr 16, 14 @ 1:16 am:

    It will be hard for anyone to mount a challenge to Emanuel’s enormous political war chest, but if anyone can, it is Fioretti. He is articulate, smart, and charismatic. He has strong support in the African -American community. If he had the same money as Rahm, Fioretti would win hands down. Question is does he still beat Emanuel if he is outspent 10-1?


Sorry, comments for this post are now closed.


* Durbin's back to the future?
* Rauner bites back at union leaders
* Finally, some good Illinois news
* Question of the day
* Attorney General's office says plaintiffs can't back out of Duckworth settlement
* Can't win for losing
* Rauner claims he's meeting with Dem legislators today
* *** LIVE COVERAGE *** Rauner press conference
* *** UPDATED x1 - Gov. Rauner slams story *** Report that Mrs. Rauner wants no reelection is disputed
* Another judge rules that IDPH director violated due process rights
* "It’s not even close to being balanced"
* Kirk campaign admits contact with "whistleblowers" after Duckworth settlement
* Durbin attacks Rauner, says he'll decide about run after November
* SUBSCRIBERS ONLY - Supplement to today’s edition
* *** LIVE COVERAGE *** Democratic National Convention
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* *** UPDATED x1 - Emanuel responds *** Right under the bus he goes
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............
<


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

  
* Even the T-Mobile-bound Kyocera DuraForce PRO dons dual rear cameras
* Sony Mobile sales continue to contract, but a tiny division profit is recorded
* The latest on what to expect from the Galaxy Note 7
* Hoping to revive slumping mobile division, LG launches the V20 in September
* Samsung Z2 may bring Tizen to South Africa
* Google Drive Add-Ons now on Android
* Galaxy A8 (2016) found on GFXBench as a 2015 flagship

* Offense lacking for White Sox in ace's return
* The 5 toughest 'buy or sell' dilemmas
* Sale rejoins team with tough-luck loss
* Offense lacking for White Sox in Sale's return
* Offense lacking for White Sox in ace's return
* A relentless Rizzo teased Navarro as only an ex-teammate could
* Offense lacking for White Sox in Sale's return

...............


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress

Loading


* Democrats Blasting Governor Rauner - Alton Dail.....
* Rauner: 'Our Illinois Lottery has been very poo.....
* Rauner Proposes New Illinois Lottery Management.....


* EXCHANGE: Seniors serve as foster grandparents for kids
* Public gets chance to tour lesser-known State Museum site
* Huge, once-hated fish now seen as weapon against Asian carp
* Donations, volunteers aide painting of 'Donna the Tank'
* Springfield police introduce body cameras
* Jail guard charged with punching Cook County jail inmate
* Duckworth tells her story at Democratic convention
* Disturbance reported at Cook County Jail high-security unit
* Fire erupts at Gurnee propane plant
* Illinois AG: Duckworth lawsuit settlement final

* Duckworth lawsuit settlement final, attorney general says
* Illinois seeking new private manager for state's lottery
* Attorney General: Duckworth lawsuit settlement final
* Health-care hiring keeps local unemployment at lowest in state
* Local unemployment again lowest in state for June
* Durbin rips Rauner, says governor tries to divide Illinois
* Illinois seeking new private manager for state's lotter
* Chicago-area man convicted of $4.7 million Medicaid fraud
* Blagojevich won't attend resentencing, to take part by video
* Chicago-area man convicted of bilking Medicaid for millions

* Five ways the Obama library is different from the Lucas museum
* Huron to buy health care IT consultancy
* Fire erupts at Gurnee propane plant
* This artist is working to make children's hospital wards a little brighter
* Americans blow $27.8 billion a year by being lazy


* 17-year-old boy shot in North Lawndale
* Cops: 2 men robbing people at gunpoint on CTA trains
* Man, teen boy shot in Austin
* One wounded in South Chicago shooting
* 2 seriously wounded in Auburn Gresham shooting
* Georgia Nicols horoscopes for July 29, 2016
* Dear Abby: Mom feels guilt that son has no sibling
* Chris Sale wants to stay with teammates, move past ‘fiasco’
* Maddon ‘trying to build a relationship’ and ‘trust’ with Chapman
* Brown: Clinton’s vision for nation guided her convention


* 1 dead, 7 wounded in Chicago shootings
* White Sox ace Chris Sale sorry for drawing suspension
* Aroldis Chapman's four-out save shows Joe Maddon amping up the urgency
* Clinton's convention shows race is between a woman and a little boy
* Fact checker: On final night, speakers' claims on guns, health care are shaky
* Winners and losers from the final night of the Democratic convention
* Tuned out: Not all in Park Ridge embracing Hillary Clinton's big moment
* Cubs top White Sox to earn split decision in City Series
* With Aroldis Chapman, time for Cubs to resume dominant, winning ways
* Everything you missed from Lollapalooza's opening day


* Duckworth lawsuit settlement final, attorney general says
* Illinois seeking new private manager for state's lottery
* Attorney General: Duckworth lawsuit settlement final
* Health-care hiring keeps local unemployment at lowest in state
* Local unemployment again lowest in state for June
* Durbin rips Rauner, says governor tries to divide Illinois
* Chicago-area man convicted of $4.7 million Medicaid fraud
* Blagojevich won't attend resentencing, to take part by video
* Bernard Schoenburg: Durbin leads a very early 2018 gubernatorial poll
* George Will: The path ahead for Clinton


* Know your rights meetings mee
* Ruby C. McCann
* Rosie Alexander
* Ruth Bunton
* James Harris
* Stanley Hatchett
* Betty Smith
* Luis Hernandez
* Kyleah Morales
* Charlotte Taborn


* Notre Dame hosts summer camp for aspiring scholars
* NOAA: Drone technology aids whale research off Hawaii
* Lake Tahoe warming 15 times faster than long-term average
* Germany's Bastian Schweinsteiger resigns from national squad
* Russia says taekwondo team approved for Rio Olympics

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Illinois, Wisconsin briefs - Dubuque Teleg......
* Senator Dick Durbin's New Comments on Gove......

* Duckworth tells her story at Democratic co......
* 2 US Senate candidates fail to gather need......

* December 2007 - Agenda Items
* Committee on Historical Landmark Preservation Agenda, December 3, 2007
* November 2007
* Community Development Commission Meeting Agenda, Tuesday, November 13, 2007
* Housing and Real Estate Committee Meeting Agenda, Friday, November 9, 2007
* Zoning Board of Appeals Meeting Agenda, Friday, November 16, 2007
* October 2007
* Map of Special Service Areas
* Finance Committee Meeting Agenda, Monday, November 5, 2007
* Housing and Real Estate Committee Meeting Agenda, October 11, 2007


* Governor Rauner and Illinois Lottery Seek New Management Partner
* Governor Takes Bill Action
* Governor Visits Quincy Veterans Home Following New Cases of Legionnaires’ Disease
* Zika Virus And The 2016 Summer Olympics - Travel guidance for those heading to Brazil for the Olympics
* Two Cases of Legionnaires’ Disease Identified in Adams County - New admissions to Quincy Veterans' Home halted




Hosted by MCS -- CapitolFax.com Privacy Policy -- SUBSCRIBE to Capitol Fax -- Advertise Here -- Mobile Version -- Contact Rich Miller