Collateral damage in Chicago’s TIF argument: Schools

Crain’s Chicago Business published an op-ed by Rachel Weber, GCI fellow and associate professor of urban planning and policy, in which she points out discrepancies in a Crain’s column arguing that public schools in tax increment financing districts are not harmed by TIF. Weber notes that her research has found otherwise, and that any effect of TIF on schools is mediated by tax caps, transfers of TIF funds between agencies, and the state’s equalization formula.

Full Op-Ed from Crain’s Chicago Business »