Me off topic? I was just trying to stay full engaged with your meandering discussion of how you'd show Mayor Ali how to fix crime in Peoria by illegally diverting tax dollars.Toldyouso wrote: ↑Sat Jul 24, 2021 8:17 pmWhat does this have to do with the topic? This is the LOCAL NEWS forum, and is about Mayor Ali’s lack of speaking out about the recent rash of murders of young, Black men in Peoria. Does she even have an opinion on the TWELVE violent deaths that have occurred since she took office?RPlant wrote: ↑Sat Jul 24, 2021 7:11 pmYour taxes are unaffected my man. Were it but not for the TIF, the tax receipts are unchanged or even decrease due to declining value.Tazewell wrote: ↑Sat Jul 24, 2021 6:43 pm
I would rather have a junk downtown and reasonable taxes than an OK downtown and ridiculously high taxes. Development and redevelopment needs to happen organically, not forced by crony capitalism.
I don't expect to change your mind if you are benefiting personally from TIFs. But for the other readers, there are tons of articles on the subject.
https://www.bloomberg.com/news/articles ... usually-no
https://reclaimdemocracy.org/tax_increment_financing/
Keep take away from your first story: “In the end, it can be a valuable mechanism,” he said. “It’s not something I’d like to get rid of
Mayor Rita Ali Speaks Out
You mean its not the flu!?!