Commissioner Suffredin's Cook County Board Legislative Library
for more info visit

Tax Increment Finance District Approval Ordinance

Print Page
Close Window

Suffredin's Commentary
Activity Log
Full Text of Legislation

Date Introduced: 10/4/2006
Date Passed:



Ordinance to establish procedures for County review of proposed TIF districts.

Activity Log:

Referred to Finance Committee.

Full Text of Legislation:

Tax Increment Finance District Approval Ordinance


BE IT ORDAINED, by the Cook County Board of Commissioners that Chapter 14, Article I, of the Cook County Code is hereby amended as follows:


Section 14-1.  Review of Proposed Tax Increment Finance Districts


These procedures shall apply with respect to tax increment financing districts;


(a)    The President of the Cook County Board shall designate the Director of the Department of Economic Development as his or her designee as the County’s representative on each Joint Review Board created pursuant to statute.


(b)    Upon receipt of any TIF study or proposal, the Joint Review Board representative shall transmit copies of said study or proposal to the Board of Commissioners for referral to the Finance Committee.


(c)    On or before May 1, August 1, November 1, and February 1 of each year the County representative shall deliver a report to the Finance Committee with respect to all action relating to the creation, renewal, and extension of any TIF district during the preceding calendar quarter.


(d)    The County’s TIF representative shall be authorized to take action at any Joint Review Board vote based upon these criteria:

1.      Direction from the Board;

2.      Impact on local school districts, giving effect to positions of affected school districts; and

3.      Anticipated job creation or retention.


The information contained in this web site is provided as a service to the community, and does not constitute legal advice. We try to provide the information as it is reflected in our records, but we make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this web site. As legal advice must be tailored to the specific circumstances of each case, and laws are constantly changing, nothing provided herein should be used as a substitute for the advice of competent counsel or additional research of Cook County's laws and regulations.