Share of Chicago Property Tax Revenues Claimed by TIF Funds Grew 16.6% in 2024: Report

Source WTTW
Original Load Date Jan. 26, 2026, 10:01 p.m.
Last Updated Jan. 26, 2026, 10:01 p.m.
Original URL https://news.wttw.com/2026/01/22/share-chicago-property-tax-revenues-claimed-tif-funds-grew-166-2024-report

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The share of property taxes collected by Cook County and then claimed by Chicago’s tax increment finance districts soared by 16.6% in 2024, fueled in part by the reassessment of the value of every property in Chicago, according to a report by Cook County Clerk Monica Gordon. In all, $1.59 billion p...