Aug 29, 2012 1
A year after Mayor Emanuel unveiled his TIF Reform Task Force’s report with great fanfare, none of its recommendations have been carried out – and the city has a long way to go on transparency and accountability around job requirements for TIF projects, according to a new report.
Along with greater transparency, Emanuel’s task force recommended subjecting all TIF projects to a thorough justification process; establishing strict performance metrics and taking swift action including revoking TIF funding when requirements aren’t met; and creating an internal TIF oversight board.
“None of the task force’s recommendations have gone into effect,” according to a new report from Illinois PIRG.
“The proposed reforms would move us in the right direction,” said Hailey Witt of Illinois PIRG in a release. “But it’s not enough to have these ideas on paper.”
Short on Sunshine
In addition, the city has yet to fully comply with the TIF Sunshine Ordinance passed in 2009, according to the report. Of five documents required by the ordinance, none of the projects studied by Illinois PIRG had more than three available online, and most had only one or two.
Of 32,396 jobs promised in $320 million worth of TIF projects, only 16,948 — just 52 percent — could be accounted for, according to Illinois PIRG.