By: Diane Benjamin
I’m always suspicious when an article appears in the paper praising something when the data to back up the claims is unavailable.
It happened again October 26th with this story in the Pantagraph: Normal TIF Districts Paying Dividends
One has to wonder where the story came from. Did somebody at the Town call in reporter Derek Beigh and spoon feed him a story? Since the Pantagraph doesn’t do investigations, it’s hard to believe it was the reporters idea to write a glowing report of TIF’s.
TIF stands for Tax Increment Financing. TIF’s take money from other taxing bodies to create a slush fund that can provide money for whatever project the Administrator chooses to fund.
The Town of Normal is required to report TIF data to the Comptroller’s office. Normal’s year-end was March 30, 2017. It’s ridiculous that financial information isn’t available for at least 6 months after a year-end, but it’s even more ridiculous that Normal HAS NOT submitted TIF data to the Comptroller:
Normal has not submitted the TIF reports.
These reports are past due and now subject to fines.
If the reports are so glowing, why is Normal hiding them?
The Pantagraph needs to start asking for proof before they write stories. Since they obviously didn’t with this story, can you trust any of their stories?