Well,shaping up to be a laborious week for LarryBoy...Ted Biondo wrote a series of blog posts explaining the ins&outs of TIF districts and illustrates(whether intentionally or not) that fully HALF of the projected deficit for the upcoming year is traceable to LarryBoy's unbridled enthusiasm for this "redevelopment" tool.

One thing I found very interesting is the entry University of Illinois study finds that municipalities without TIFs grow faster...
"...The study found, that after accounting for many variables which might have affected growth, the 81 TIF municipalities’ growth stayed about the same before and after TIF was adopted, and the 154 municipalities without TIF grew faster than those who used it...."

(see,I posted this same info 4-5 years ago on the previous life of this commentary,"LarryBoy, in his own words(for what it's worth)" NOW all of a sudden people see it as an issue??)

It just makes one question LarryBoy's fondness for TIF's...5-6 when he took office...30 NOW!!!