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Thursday, July 11, 2013

Schooling in the Ownership Society: Rahm's great TIF school rip-off

Schooling in the Ownership Society: Rahm's great TIF school rip-off:

Rahm's great TIF school rip-off

David Orr
The city should send any extra development funds to the public schools, says Cook County Clerk David Orr.
"How do we explain to school kids that gym, music and art classes are canceled while profitable businesses are tapping into the city’s tax base?" Orr said Thursday in an annual report on Tax Increment Finance districts. -- DNAInfo
CPS Liar-In-Chief Becky Carroll jumps into the fray.
 "No combination of one-time fixes is going to address a structural financial deficit at CPS that has built up over decades and currently stands at $1 billion, including $400 million from increasing pension payments," said CPS spokeswoman Becky Carroll. "We have made more than $600 million in cuts to the central office while doing