Wilson Yard TIF Petition: 2009
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Author:
n/a -
Send To:
CDC, City Council, Mayor Daley
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Sponsored By:
Residents of the 46 ward and Chicago -
More Info at:
We, the citizens and taxpayers of Cook County, strongly believe the current Wilson Yard TIF amendment requesting an additional $54 million does not serve our best interests and should be declined. We also formally request the Wilson Yard TIF officially be retired in 201110 years from the date it was established, for the following reasons:
The question of the legality of the Wilson Yard TIF is still being decided in the courts.
Despite spending $58 million in taxpayers money, the goals of the TIF conservation area have not been met.
The Wilson Yard TIF currently siphons 68\% of property taxes away from vital services including our parks, schools, police and fire departments, and infrastructure.
We believe the additional revenues being collected in the Wilson Yard TIF are best used to reduce the Citys alarming budget deficits that include:
o $520 million shortfall in the City 2010 budget
o $ 475 million deficit for the Chicago Board of Education
More than $1 billion sits in Chicagos TIF bank accounts, money collected from the 160 Chicago TIFs as aggregate unspent revenue. Numerous other municipalities have wisely released surplus funds back to local taxing bodies that provide essential services. Chicago has yet to do this. Ending the Wilson Yard TIF early will provide a model for future TIF management and strong TIF success by listening to the residents.
Therefore, we formally demand the early retirement of the Wilson Yard TIF by 2011 and deny the amendment request for an additional $54 million.
The question of the legality of the Wilson Yard TIF is still being decided in the courts.
Despite spending $58 million in taxpayers money, the goals of the TIF conservation area have not been met.
The Wilson Yard TIF currently siphons 68\% of property taxes away from vital services including our parks, schools, police and fire departments, and infrastructure.
We believe the additional revenues being collected in the Wilson Yard TIF are best used to reduce the Citys alarming budget deficits that include:
o $520 million shortfall in the City 2010 budget
o $ 475 million deficit for the Chicago Board of Education
More than $1 billion sits in Chicagos TIF bank accounts, money collected from the 160 Chicago TIFs as aggregate unspent revenue. Numerous other municipalities have wisely released surplus funds back to local taxing bodies that provide essential services. Chicago has yet to do this. Ending the Wilson Yard TIF early will provide a model for future TIF management and strong TIF success by listening to the residents.
Therefore, we formally demand the early retirement of the Wilson Yard TIF by 2011 and deny the amendment request for an additional $54 million.
2566 Signatures
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Katharine Boyda
- Comments
- It's time for our elected politicians started listening to the citizens of Cook County.
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Patricia Reuter
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Judy Glazebrook
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- When government overwhelms us with taxes they make extravagant claims about the benefit to the few and ignore the burden to the many.
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Amy Levin
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Anthony Fleming
- Comments
- I will not support this amendment until Alderman Shiller responds to the community's questions and concerns.
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Ralph Kokensparger
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Megan Lawless
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Donald Chwojko
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Nils Hanson
- Comments
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Turk Glazebrook
- Comments
- "I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." Thomas Jefferson
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Steven Choe
- Comments
- I strongly oppose the Wilson Yard TIF Amendment
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Jacqueline Benner
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Clark Fetridge
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Jeffrey Monnette
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jeff m totsch
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Brennan Stout
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David Ruhl
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Elizabeth A. Shah
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Abhay Shah
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Peter Leiser
- Comments
- During a public meeting regarding this amendment, a large majority of attendees expressed their disapproval of the amendment. Please heed the will of the people.
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G. Bradley Sterrenberg
- Comments
- Just say "No" to TIF
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Judith F. Rutherford
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Douglas Frey
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Thomas D. Rutherford
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Jason L. LaBella
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Alexander Prentzas
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Tim Kirker
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Kimberly Smith
- Comments
- Our community has overwhelmingly expressed its disapproval of this TIF amendment. Our elected officials should listen.
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Laura Heller
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Tonia Lorenz
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Sewellyn Cate
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Alesha Van Linda
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Jason McAllister
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Ross Ryan
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Chris Albu
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Vince Yeh
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Cathleen Andes
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Cheryl Shaver
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Eric Hatch
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Karen Nevotti
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Matt Feczko
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lukas ceha
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Alan Donnelly
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Becky L. Tuttle
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Shahin Dejy
- Comments
- Priorities for Uptown need to be revised based on community input
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Janny Manasse
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Dustin Fogle
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Patricia M Sullivan
- Comments
- TIF $$ in reality are paid by ME. I am NOT in favor of using MY tax dollars to rehab buildings and installing 'fish farms' in this economy. Our tax dollars need to be used wisely now and into the future.
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Jared Slater
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Thomas Kuslik
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2566
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