From Lakewood Village Trustee Jason McMahon: Lakewood Residents Intentionally Misled Paul Serwatka intentionally misled Lakewood residents by stating that Jason McMahon and developer Lou Tenore have a “grossly improper” relationship. Paul Serwatka knows the truth and the phone records provided … Continue reading
Lakewood killed its Tax Increment Financing District Tuesday night by a 5-1 vote. The only opposition came from the longest-service Trustee, Carl Davis. (If anyone can remember any TIF district being abolished after this short a time, please let readers … Continue reading
The Lakewood Village Board has the abolition of its Tax Increment Financing District at tonight’s 7 PM meeting at the Red Tail Golf Club. Today an email from former Village President Erin Smith was forwarded to Board members by Village … Continue reading
The op-ed piece, originally published in the Northwest Herald, is published here with the permission of author Steve Stanek: McHenry’s Steve Stanek’s Take on Tax Increment Financing Districts The Huntley Outlet Center was supposed to send a flow of tax … Continue reading
Since my last report on May 11 there have been a number of interesting, but not-so-pertinent, items that I want to update everyone on, but, I need to emphasize this IMPORTANT news/notice, and in a timely manner, so I will … Continue reading
These are the bills related to Lakewood’s Tax Increment Financing District that have been paid: List of Eligible Redevelopment Project Costs March 14, 2017 Date Vendor Expense Description Authorization Number 06/30/14 Catherine Peterson $46.61 Prof. services re: RDA – … Continue reading
Three local tax districts have taken on Tax Increment Financing Districts in Lakemoor. Since McHenry County Blog was started in 2005 when I got angry about the Vulcan Lakes TIF District, it seems appropriate to focus attention on local tax … Continue reading
The arguments made by Algonquin School District 300 and Barrington School District 200 (see article yesterday) must have had some impact on the Hoffman Estates Village Board. District 300 Superintendent Frederick Heid writes, The Hoffman Estates residential TIF proposed for … Continue reading
Algnoquin School District 300 is a veteran at fighting Tax Increment Financing Districts. It took on Sears when it wanted an extension of its original TIF District subsidy. The District carried the fight to Springfield and made the eventual extension … Continue reading
A press release from State Rep. Allen Skillicorn: Skillicorn Pushes TIF Reform and Transparency for Taxpayers CRYSTAL LAKE – Last week, State Representative Allen Skillicorn (R-East Dundee) joined with colleagues in the Illinois House of Representatives to pass legislation to … Continue reading
This press release from the U.S. Attorney’s Office might be of interest because the Village of Lakewood is part of the Woodstock EB-5 district. A Tax Increment Financing District was also used to promote the fake project. Lakewood has a … Continue reading
Lakewood Village Trustee Paul Serwatka tells what happened at the recent Tax Increment Financing District meeting, required by law. Reporting On The Lakewood TIF Review Board Meeting A quick update regarding the January 26, 2017 Lakewood TIF Joint Review Board … Continue reading
A message from future Lakewood Village President Paul Serwatka: Follow-Up on TIF District/Sportsplex Following up on recent developments with the TIF District/Sportsplex that I wrote about in my January 1st newsletter, I wanted to share with you what I have … Continue reading
Woodstock’s Susan Handelsman, now a candidate for the District 200 School Board, urges readers to contact to their llinois legislators and Governor Bruce Rauner in opposition to the General Assembly’s extension of the alreay 23-year Tax Increment Financing District is … Continue reading
Here are comments sent to Woodstock School Board members in which Susan Handelsman urges the District 200 School Board to oppose the twelve year extension of the Downtown Tax Increment Financing District: Woodstock CUSD 200 Board of Education Members: Woodstock … Continue reading
Chicago Reader’s Ben Joravsky’s take on Chicago Tax Increment Financing Districts: “As you know, TIFs are, in effect, a surcharge added to your property tax. “The proceeds are used to pay for pretty much anything the mayor wants.” He adds … Continue reading
While we were on vacation, Crystal Lake High School Board 155 approved a Tax Increment Financing District in Fox River Grove. Over ten years ago, McHenry County Blog’s first article was one critical for the Crystal Lake City Council’s proposal … Continue reading
A pretty long time ago I saw workers replacing brick crosswalks along the Virginia Street Tax Increment Financing District with asphalt. How does one know where the TIF Districts starts and stops? Just look for the pillars. Two on one end in … Continue reading
A Friend of McHenry County Blog took some notes last night at the McHenry County Board District 6 candidates’ night at Marengo High School. Here’s they are: District 6 candidates for County Board held at the Marengo High School on … Continue reading
A press release from the U.S. Attorney’s Office: Chicago Real Estate Developer Convicted on Federal Fraud Charges for Swindling Banks and the City out of Millions of Dollars in Loans CHICAGO — A federal jury today convicted the president of … Continue reading
