Last month state rep Barbara Flynn Currie came to the City Council to let Mayor Rahm Emanuel know what was what with his request for more state aid for his burgeoning teacher pension problems.
Well, last week the mayor let Madigan know just what he thought of the message Currie delivered. Emanuel unveiled a plan to extend and expand the Midwest TIF district, which will end up siphoning off tens of millions of property tax dollars, none of it guaranteed to help the schools.
Also, it’s Claypool’s name on the essay, not Emanuel’s, and the piece doesn’t directly name Madigan, so maybe the mayor’s not so ballsy after all.
The problem with this plan is that the state already owes hundreds of millions of dollars to its own teachers’ pension system and everyone is pretty much clueless as to what to do about it.
Take that, Speaker Madigan!
All of which brings us to the mayor’s plan to grow the Midwest TIF district, unveiled on July 28 at a meeting on the west side. Emanuel is proposing to expand the boundaries of the district and to extend its lifetime for another ten years, until 2034.
