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2007 Cook County TIF Report Shows 11.5% Jump in Revenue

Taxpayers contribute $892 million to TIFs in 2007; Park Forest sees $1,180,981.46 total revenue in TIF districts

Cook County , IL–(ENEWSPF)– Cook County Clerk David Orr on Wednesday released the 2007 TIF revenue report, which shows the amount of money generated in 402 active tax increment financing districts in Chicago and the suburbs.

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The total amount Cook County taxpayers are paying in TIF revenue now exceeds $892 million, up 11.5 percent from 800 million in…

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