Familiar arguments over the appropriate use of Tax Increment Financing (TIF) funds mixed with frustration over Chicago Public Schools’ alleged dodging of aldermanic requests for information about district finances during a Finance Committee hearing Wednesday. Aldermen briefly debated, but did not vote on, a proposal to create a mechanism to divert surplus TIF money to Chicago Public Schools during times of financial distress. While a district official was on hand, he did not testify–to the annoyance of several aldermen.

Want to read the whole article?

Members of The Daily Line get full access to articles associated with their subscription, including our archives, spreadsheets, and reports, along with our daily newsletters and exclusive offers on our special events.

Sign up