- Posted August 19, 2014 by
Town Meeting and Illumination Project for the 23rd Ward
Chicago, Illinois – August 27. 2014 – In Kennedy High School, located on 6325 W. 56th Street, there will be a meeting to discuss where the money is going and why programs, like the music program at Kennedy, are being lost.
Move23 Forward is part of a change that is arising in the 23rd Ward. Martin Arteaga is a candidate, running to be the leader of this change. He wants to revitalize the 23rd Ward and knows that needs community development, community outreach experience, and hands on leadership.
Martin Arteaga has been walking around the neighborhood asking how he can better fix it, and now he is holding a town meeting to discuss where the money is going and why is it gone, through the discussion of TIFs- Tax increment financing, or TIF, is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States.
As Martin Arteaga stated, “It is important that we are informed where the tax payers’ money is being spent and where it is going.” In order to do this, the A23 Campaign is bringing in Civic Lab’s Tom Tresser, who will be taking the time to break down the six TIFs and explain where the money is going. He knows where the money should go, does go, and why it goes there due to Civic Lab’s work. Tom Tresser is the Lead Organizer for the TIF Illumination Project. This project has been exploring the impacts of TIFs on the ward level across the city for the past eighteen months. The TIF affects our students, like Giselle Murillo, who is a student at Kennedy High School. She came to us after the Music Program was shut down and wants to bring this and many of the other programs back to her school.
Anna Corral is part of the Move23 Forward Campaign, and knows about TIFs through her experiences and has her own say on the TIF and why it is being conducted. “It is important that the families and communities are constantly aware of where the money is going, what it is funding, and if it is being used in the correct manner.”
As Bill Drew states, “The TIF works to benefit the developers and landlords close to the loop and neighborhoods with rapid development. However, some neighborhoods that are not given much value do not get these tax increments. The TIF’s original purpose was to help neighborhoods that need help”. Bill Drew is an active participant along with Tom Tresser in the study of TIFs.
It is time for change and to move the 23rd Ward forward and now is the opportunity to come and learn about what TIFs are, how they work, and the basics as to why they are a big deal across the city. Get to know the TIF activity going on in your backyard.
To find more information please go onto the Move23 Forward’s website: arteaga23.com