Tax-increment financing (TIF) districts in Chicago are on track to pull in about $926 million from taxpayers this year, a record haul representing more than one-third of total taxes collected by the city.

Revenues from the special taxing districts jumped inside the city by more than 10 percent since last year, according to a report published Thursday by Cook County Clerk Karen Yarbrough. When including money from districts scattered across the Cook County suburbs, TIF revenue topped $1.3 billion. Those numbers represent values assessed for the 2019 tax year, which property owners are paying this year.

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