September 30th is the final date for school districts to submit a claim for reimbursement to their local municipalities for students residing in local tax increment financing (TIF) districts. Under the Tax Increment...more
Last Friday the Illinois Appellate Court for the Third District shot down a tax increment financing (TIF) district created by the City of Crest Hill finding that the parcels within the proposed TIF area were not contiguous...more
As a school official, have you ever wondered, “what do I do with this CRA tax abatement notice from the city?” There are certain quantitative and legal analysis points that school districts should consider when being...more