â€œSunshine-on-TIFsâ€Â will alsoÂ shine a light on the stateâ€™s 1,000 TIF Districts.
Dolton, ILÂ â€“ Representative David Miller,Â nominee for Illinois Comptroller,Â has unveiled a proposal to help taxpayers understand how often-controversial TIF ( ) districts are being used and what they are costing government. Miller believes TIF money could potentially be used to meet other pressing budget needs.
â€œThe time has come to shine a light on the more than 1,000 TIFs throughout Illinois,â€ said Miller. â€œThere are millions of dollars at stake, and taxpayers deserve to know whether or not these TIFs are benefiting their community. With more transparency, we can stop TIFs from being unfairly abused to benefit well-connected developers. We can determine if TIF money is better spent elsewhere. We can fight waste, fraud and abuse and restore to Illinois.â€
Currently, every municipality that has a TIF district must send an annual report to the â€™s Office after the end of each fiscal year. The â€™s Office stores those reports and lists municipalities that presently have TIF districts.