Yet. Because of a compromise I made in the 1970’s in Springfield, real estate assessments are not based on current market value. Or even last year’s market value. Representatives from the Illinois Agriculture Association in the first floor committee meeting … Continue reading
Category Archives: Tax Increment Financing District
Yet. Because of a compromise I made in the 1970’s in Springfield, real estate assessments are not based on current market value. Or even last year’s market value. Representatives from the Illinois Agriculture Association in the first floor committee meeting … Continue reading
The following resolution was passed 6-0 by the Cary Grade School District 26 Board of Education Monday night. My thanks to board member Chris Jenner for sending it to me. Hard to imagine, but these local educators don’t want the … Continue reading
The following resolution was passed 6-0 by the Cary Grade School District 26 Board of Education Monday night. My thanks to board member Chris Jenner for sending it to me. Hard to imagine, but these local educators don’t want the … Continue reading
You may remember I was not at the October 10, 2006, Crystal Lake city council meeting when Mayor Aaron Shepley and his city council colleagues picked Bill Cellini’s consortium to take on the over $100 million Vulcan Lakes Tax Increment … Continue reading
You may remember I was not at the October 10, 2006, Crystal Lake city council meeting when Mayor Aaron Shepley and his city council colleagues picked Bill Cellini’s consortium to take on the over $100 million Vulcan Lakes Tax Increment … Continue reading
If you want to see the future of Crystal Lake Tax Increment Financing Districts, you need look no farther than McHenry. In a new blog run by the Northwest Herald, McHenry Blog, Jillian Duchnowski reports condo developer Curtis Commercial wants … Continue reading
If you want to see the future of Crystal Lake Tax Increment Financing Districts, you need look no farther than McHenry. In a new blog run by the Northwest Herald, McHenry Blog, Jillian Duchnowski reports condo developer Curtis Commercial wants … Continue reading
With a mere one week’s notice to the public, the Crystal Lake City Council voted 6-1 to raise the city’s sales tax from 1% to 1.75%–a 75% increase. Only Councilman Jeff Thorsen voted, “No.” Arguing that having a lower sales … Continue reading
With a mere one week’s notice to the public, the Crystal Lake City Council voted 6-1 to raise the city’s sales tax from 1% to 1.75%–a 75% increase. Only Councilman Jeff Thorsen voted, “No.” Arguing that having a lower sales … Continue reading
There is an alternative to the recreational development of Vulcan Lakes. And this isn’t the first time I have pointed it out. I suggested it October 30, 2005. I don’t think I can improve upon that over two year old … Continue reading
To its credit, the Northwest Herald has covered the one week between the announcement by Crystal Lake Mayor Aaron Shepley and his city council majority of a major tax hike and the announced final vote with more than one story. … Continue reading
There is an alternative to the recreational development of Vulcan Lakes. And this isn’t the first time I have pointed it out. I suggested it October 30, 2005. I don’t think I can improve upon that over two year old … Continue reading
To its credit, the Northwest Herald has covered the one week between the announcement by Crystal Lake Mayor Aaron Shepley and his city council majority of a major tax hike and the announced final vote with more than one story. … Continue reading
Despite promising not use its condemnation powers to obtain land from the Vulcan Lake/Route 14 Tax Increment Financing district, the Crystal Lake City Council voted Tuesday night to pay Vulcan Materials $120,000 an acre to settle such a suit. $1.8 … Continue reading
Despite promising not use its condemnation powers to obtain land from the Vulcan Lake/Route 14 Tax Increment Financing district, the Crystal Lake City Council voted Tuesday night to pay Vulcan Materials $120,000 an acre to settle such a suit. $1.8 … Continue reading
Back to money in this series of articles of what happened when legislators were being briefed on District 300 by administrators and board members John Ryan and Joe Stevens, the board’s president. Superintendent Ken Arndt brought up the huge Sears … Continue reading
Back to money in this series of articles of what happened when legislators were being briefed on District 300 by administrators and board members John Ryan and Joe Stevens, the board’s president. Superintendent Ken Arndt brought up the huge Sears … Continue reading
Contrary to what some children think, money doesn’t grow on trees. If you want to build something, people have to come up with the money. This headline in Tuesday’s Chicago Sun-Times caught my attention. It puts Tax Increment Financing Districts … Continue reading
Contrary to what some children think, money doesn’t grow on trees. If you want to build something, people have to come up with the money. This headline in Tuesday’s Chicago Sun-Times caught my attention. It puts Tax Increment Financing Districts … Continue reading