Vulcan Lakes/Route 14 TIF Project to Require 3/5 Majority Vote on Crystal Lake City Council

A mid-day Friday city hall meeting of the tax districts affected by the two Tax Increment Financing districts proposed by the City of Crystal Lake resulting in requiring one of the proposals to receive a 3/5 majority. District representatives voted … Continue reading

Crystal Lake Park Board Interrogates City TIF Consultant

“How can the City of Crystal Lake adopt a TIF district that takes money away from people who don’t live in Crystal Lake?” Commissioner Dave Phelps asked. “It’ll cost people who don’t live in Crystal Lake more money. Doesn’t that … Continue reading

Crystal Lake’s Tax Increment Financing (TIF) Districts To Raise Your Taxes

Crystal Lake has recently proposed two Tax Increment Financing districts, one along Main Street and the other along Route 14. Both will result in your tax rates being raised in future years as other local tax districts try to compensate … Continue reading

Crystal Lake TIF-Fighting Flyer: Developers Win, You Lose

The Crystal Lake City Council is planning to divert money from our school, park & college districts to benefit developers along Route 14 and on Main St. in Crystal Lake. A TIF (Tax Increment Financing) District freezes the property tax … Continue reading