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.


* It ain't over until it's over, unless it's already over
* Question of the day
* Fun with numbers
* Teamsters want fired IDOT workers spared
* Rahm reverses course, Voices backs wage hike
* Fracking regs to be released Friday
* Making the big banks pay
* Quinn vetoes another speed limit bill
* Missing the point
* Ballot initiatives are definitely a major national thing
* *** UPDATED x1 *** Callis unveils first TV ad, GOP says she's "lived a life of privilege"
* Inversion and off-shoring explained in just a few words
* 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

          
        * Nokia speeds things up in Z Launcher update
        * Pandora brings music streaming service to Google Glass
        * MultiSync EA244UHD review: 4K display's wide color gamut ideal for production
        * Four tips to soup up Safari on iOS
        * Why old iPhones become sluggish over time
        * Dropbox Pro updated to better security and sharing settings
        * Leafnote review: Focus on writing, not on how to use the app

        * Russian hackers reportedly attacked JPMorgan, other big American banks
        * Make a Small Air Conditioner Out of an Ice Bucket
        * The Valley v. FDA: Kleiner’s Beth Seidenberg on Getting Along with the Agency Tech Loves to Hate
        * Fixd Tells you What is Wrong with your Car
        * Apple Denied Sales Ban On Samsung Devices In The U.S.
        * A failed experiment: How LG screwed up its webOS acquisition
        * Okta Names CA Technologies Exec Wittman as New CMO

        * Reading Room: The attendance debate reaches Kansas City
        * Kluber miffed by post-review denial of warmup pitches
        * Abreu ups RBI total to 96 in White Sox victory
        * Danks hopes to go deep against Indians in finale
        * White Sox 3, Indians 2: Jose Abreu is up to the challenges
        * Abreu ups RBI total to 96 in White Sox victory
        * Review confirms play at plate in Indians' favor


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

        Archives
        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


        * Girardi accepts the Ice Bucket Challenge..
        * Illinois Gov. Pat Quinn Makes Cringe-Worthy Lit.....
        * Vallas: 'Devastating' cuts to Chicago schools a.....
        * US Senate, gubernatorial candidates speak in Bl.....
        * Chicago Salutes Jackie Robinson West Little Lea.....


        * Chicago schools getting $10M for Safe Passage
        * Explosion at BP refinery, fire extinguished
        * Tripping seniors on purpose to stop future falls
        * Soler homers in debut for Cubs in 7-5 Reds loss
        * Reds overcome Soler's HR, beat Cubs 7-5
        * Chicago police commander accused of misconduct
        * Rauner broadens Ag Department patronage criticism
        * Chicagoan accused of defrauding Chinese
        * Still unclear how mortar shell ended up at plant
        * Chicago's Little League champs return as heroes

        * Renovation of Illinois Supreme Court building completed
        * Vallas: Rauner income tax rollback would cost schools $4 billion
        * Rauner: Department of Agriculture 'full of cronyism'
        * Durbin, Oberweis disagree over debate schedule
        * Concealed carry data botched by error
        * Teamsters vow to fight IDOT layoffs
        * Quinn vetoes bill raising speed limit to 70 mph on all interstates
        * Quinn vetoes bill increasing speed limit on all interstates
        * Quinn deputy staff chief going to private sector
        * Quinn signs law allow study of industrial hemp

        * Fire out after explosion at BP refinery in Whiting
        * A cool way (literally) to save heart attack victims
        * Alternative schools: Where Junior can start a biz, tend a garden or build a rocket
        * 10 Things to Do
        * Dressed for 'yes'


        * Not so fast, say the grown-ups
        * CPD commander charged with official misconduct, aggravated battery
        * Explosion, fire at BP refinery in Whiting
        * JRW players celebrate with family at pizza party: ‘I’m feeling good — just happy’
        * City of Big Shoulders became the City of Big Smiles to celebrate JRW team
        * Cars expected to swarm tollway this Labor Day as gas prices drop
        * Emanuel super PAC makes move to elect friendlier aldermen
        * Pediatricians’ warning won’t force CPS to push back start times
        * Indiana same-sex marriage ban debated in appeals court
        * Jackie Robinson West fans line up for shirts


        * Firefighters battle extra-alarm blaze in Englewood
        * BP says Whiting refinery still in production after fire
        * 1 dead, 4 wounded in city shootings
        * Durbin proposes 1 TV debate; Oberweis wants more
        * Indictment says Chicago man defrauded investors
        * Route 31 bypass opening moved to September
        * Elgin approves medical marijuana dispensary
        * Protesters march on West Side after fatal police-involved shooting
        * Gang member pleads guilty to role in conspiracy
        * Arrest warrant issued for Ex-Wheaton booster club president


        * Listen to State Week - August 22, 2014
        * Illinois Schools In Pension Limbo
        * Chicago police commander stripped of power, faces felony charges
        * Explosion at BP refinery, no injuries reported
        * Two neighbors, one big financial gap
        * In Wake Of Ferguson, Rally Planned In Springfield
        * Illinois Supreme Court Building Reveals $16 Million Improvement Project
        * Vallas: Rauner's Budget Plan "Insulting To Voters"
        * Teamsters Vow To Fight IDOT Layoffs
        * Congress Reevaluating Militarization Of Local Police


        * Our Opinion: Let the healing begin in Kincaid
        * Eugene Robinson: When mistakes become deadly
        * George Will: Navy with a mission in mind
        * Mark Mix: It’s Labor Day, not Union Day
        * Keith Kelleher: Was Harris v. Quinn a nail in the coffin or a shot in the arm?
        * Renovation of Illinois Supreme Court building completed
        * Bernard Schoenburg: IDOT ‘reorganization’ troubles ring a bell
        * Vallas: Rauner income tax rollback would cost schools $4 billion
        * Rauner: Department of Agriculture 'full of cronyism'
        * Our Opinion: Get off Facebook and talk to each other


        * West Frankfort woman sentenced for armed robbery
        * Matt Duco 8/28/2014
        * Former Post-Dispatch reporter in town for book signing
        * This day in history: Aug. 28, 2014
        * Board told of prairie burns
        * Area history, Aug. 28, 2014
        * Other options for Unit 4's buildings
        * New wind farm eyed for Livingston County
        * Teacher's exit = No dual credit
        * Chuck Koplinski: Star's superspy skills still shine in 'November Man'


        * Dump truck rolls over at material yard in Carol Stream
        * Two Gurnee men plead not guilty to drug induced homicide
        * Billy Corgan goes solo acoustic for his Ravinia debut
        * Judge gives final rule in favor of ‘Sister Wives' family
        * Diane Sawyer exits as ABC's evening news anchor

        * IRS enforcement agent numbers could drop t...
        * Jesse Jackson Jr. political fund fined nea...
        * Jackson Jr.'s political fund fined nearly ...
        * 'Celebrity Crime Files' Season Three, With...
        * Welcome to the state's Bult Field - Chicag...
        * Schakowsky Shadows Illinois Home Care Work...
        * Schakowsky: House GOP to blame for gridloc...
        * Dems urge CMS to ensure accurate nursing h...
        * Connie Bruck Whitewashes Schakowsky--and J...
        * Statement by Representative Jan Schakowsky...

        * Student loan debt weighs down on college s......
        * Does Chicago Have The Best Pizza In The Co......
        * Does Chicago Have The Best Pizza In The Co......
        * Does Chicago Have The Best Pizza In The Co......
        * Does Chicago Have The Best Pizza In The Co......

        * Group of Senators Call on Latin American P......
        * Council of Jewish Women backs call to prob......

        * Gutiérrez on Coming Obama Executive Amnesty: 'Get Prepared'
        * IDOT Uses Zombie Video Series To Promote Safe Driving
        * Gay marriage holdouts? Or, where can one get a reliable ride home?
        * Suspect Arrested for Allegedly Setting Fires
        * Ashland Water Main Replacement Project - September Through December
        * Are Cell Phones Safe? The CDC Changes Its Mind
        * Chicago-Area Activists, Families Call On Holder To Investigate Shootings By Local Police
        * Karen Lewis, Chicago Community Groups To Launch New Education Campaign
        * Springfield Council Members To Take Up New Downtown TIF Project
        * CPS: 2014 Graduation Rate Hits A Record High


        * Governor Quinn Proclaims “Jackie Robinson West Championship Day” - Governor Celebrates with Team and Fans at Rally and Parades
        * State Department on Aging Recognizes Caseworkers & Ombudsmen at Adult Protection & Advocacy Conference - Award ceremony concludes the annual conference
        * IDOT, Law Enforcement Crack Down on Drunk Drivers Labor Day Weekend to Avoid Fatal Crashes - Safety Campaign Targets Impaired Drivers; Innovative New Digital Media Campaign Aims to Keep Illinois Motor Vehicle Injuries and Deaths on Decline
        * Eight Illinois Fire Departments Recognized For Their Fire Prevention Efforts - Award Recipients are an Example of Courage and Commitment to Saving Lives
        * Governor Quinn Signs Law to Stop Discrimination Against Pregnant Women in the Workplace - Governor Signs Landmark Legislation on Women’s Equality Day to Guarantee Women the Right to be Both Mothers and Employees




            Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller