Search

The TIF needs more time - Evanston RoundTable

The Board of Directors of Central Street Neighbors Association (CSNA) cannot at this time support the proposed ninth tax increment financing district for Evanston, sometimes called the “Five-Fifths TIF”. Too many concerns and questions have been unsatisfactorily addressed, including:

  • The TIF district’s budget turns on tripling the area’s assessed value, but current 5th Ward residents desire not to be driven out of their homes, and there has been no housing impact study
  • The TIF area excludes most 5th Ward residents who need help staying in their homes
  • The TIF district inappropriately includes more public property, university property, and already-developed property than any previous Evanston TIF district
  • Strategies such as selling the Morton Civic Center run directly counter to public sentiment as expressed strongly in referenda

We agree with one community advocate who wrote, “the council is pushing this too hard and too fast without completing the necessary work to ensure success.” We also are disturbed by the lack of detail about how the money will be spent.

Earlier this year, after years of unhappiness at City decision-making processes, a new mayor and four new council members were elected on platforms of increased transparency and citizen involvement. In a first major decision, we seem to be headed in the opposite direction and toward an increase in the tax burden without clarity as to goals, methods, and impacts.

Jeff Smith
President
Central Street Neighbors Association

Adblock test (Why?)



"time" - Google News
October 22, 2021 at 08:03AM
https://ift.tt/3AZlNxb

The TIF needs more time - Evanston RoundTable
"time" - Google News
https://ift.tt/3f5iuuC
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update

Bagikan Berita Ini

0 Response to "The TIF needs more time - Evanston RoundTable"

Post a Comment

Powered by Blogger.