Education Session on TIF Districts
- The Madison Street Corridor Coalition (MCC) invites the public to attend an
educational session on the role of TIF (Tax Increment Financing) Districts in
the development process.
Join us at 7:00pm on November 3 in the Veteran’s Room of the Oak Park Main
Library (Oak Park and Lake) for a discussion designed to help Oak Parkers
better understand some of issues facing our Village and the Master Plan process
Oak Park currently has three TIF Districts: Downtown (DTOP), the entire
Madison Street business corridor, and Garfield/Harlem. On November 3, we'll
discuss how TIF's operate, what their primary functions are, and what input
Oak Parkers can have regarding how the millions of tax dollars accumulated by
TIF's every year are spent.
The TIF process presentation will be made by Jacqueline Leavy, the executive
director of the Neighborhood Capital Budget Group, Chicago’s city-wide
organization and research institute established to promote increased citizen
involvement in urban planning and public budgeting and increased investment in
urban development. The presentation will be followed by a question and answer
The Madison Street Corridor Coalition, the sponsor of this event, is a
coalition of neighborhood groups along Madison Street consisting of Neighbors
for Madison Renewal, Madison Area Community, Neighbors United and other
interested individual residents. Contact: Angela Larson at _angilarson@..._
(mailto:angilarson@...) or 708-369-8014 for further information.
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