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    GRASSROOTS

    COLLABORATIVE

    Downtown ProsPerity,

    neighborhooD neglect:Chicagos Black and

    Latino Workers Left Behind

    An AnAlysis of U.s. CensUs DAtA CoveringneighborhooD workers AnD their CommUnities

    OcOber 8, 2013

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    ABOUT THE GRASSROOTS COLLABORATIVE

    ABOUT THIS REpORT METHODOLOGY

    Gassoos collaoaiv lnds vaious syls o oganizing ha uild on d laionshis wn and aoss a,gogahy, languag, and mhodology o win onomi and aial jusi.

    h collaoaiv ouss on winning ga aial and onomi quiy o low and moda inom woking amilisin chiago y iniiaing a long-m amaign o ogssiv oliy om. h collaoaiv onns h issus o jos,duaion, and housing o a, vnu, ax Inmn Finaning (IFs), and ank and ooa aounailiy.

    Ou wok s ou o undsand h visil disaiisw n d ownow n and su ggl ing chia gonighohoods and h sysmai auss o dinonomi aliis aoss a wihin h sam iy. Wsa h o y looking a oy axs, IF, udgdiis, and h oliis imlmnd o limina hosdiis. hn w look a h ima o hos oliisand h onomi aivi y suling om IF. o addonx, w inlud an analysis o onomi nds inchiago nighohoods. W onlud wih oliyommndaions soly ndd o s ou iy owadsa ah o shad osiy o all iy sidns.

    his os jos analysis is asd on LongiudinalHoushold-emloy Dynami daa om 2002 o 2011,h mos n availal om cnsus buau. Ou analysisdind downown as h lvn zi ods ha ovla hiys dsignaion o h nal aa inluding: 60601, 60602,60603, 60604, 60605, 60606, 60607, 60610, 60611, 60654,and 60661.1 Ou nighohood analysis uilizd daa omh Dnnial 2000 cnsus and h Amian communiySuvy 2007 o 2011 5-ya sima. o odu an analysiso aial disaiis, w inludd an xaminaion o aialmajoiis aoss 56 zi ods load wihin chiago iyo as lassiid y h cnsus buau and hn omad

    vai al s o ins . In 20 08, h zi od oun dai s o

    60610, 60622, 60642, and 60654 shid and daa wasagggad o 2000 ya oundais o k omaisonsonsisn o h sam gogahy.

    pAGe 1

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    Jo aion and -loaion , su sidi zd y ov $1 .2 il lion omchiago axays, disooionaly nis non-chiagosidns. Fom 2002 o 2011, downown onomi aiviy

    ough a n g ain o 52 ,404 jo s o d ownow n chi ago. Howv,only 1 o 4 o hos nw jos was illd y a chiago sidn.

    Downown jo gains and losss a aially disaa whiommuniis gain, whil blak and Laino ommuniis los. Fom2002 o 2011, blak majoiy iy zi ods sud a mdianloss o 620 downown jos zi od and Laino majoiy iyzi ods sud a mdian loss o 381 downown jos od;manwhil, whi majoiy iy zi ods ah addd a mdian o509 downown jos duing h sam iod.

    Jos a mov ing o down own a nd l aving chiagos

    nighohoods. bwn 2002 and 2011, h was a n loss o10,121 jos aoss chiagos nighohoods.

    As c hiag oans x in d d n d jo loss s, u nml oym n g wdisooionaly in ommuniis o olo. h n zi ods wihh highs unmloymn a 70% o mo blak o Laino, asd on

    cnsus daa simas om 2007 o 2011.

    eonomi oouniis o chiagos low and middl wag aningamilis a disaaing om h iy. Fom 2002 o 2011, chiagoaddd 129,054 nw jos aying $40,000/ya and aov o is jo ool.Duing h sam iod, h was a loss o 182,938 jos ha aid low$40,000/ya.

    blak and Laino amilis a a a high isk o living in ovy hanhi whi ounas. Fom cnsus daa gahd om 2007 o2011, h nag o blak amilis living in ovy was aou 5 imshigh han h nag o whi amilis living in ovy, whil h

    nag o Laino amilis was aou 4 ims ha o whi amilis.

    Fom 2000 o 2011, h iy xind a loss o 188,893 sidns,74.2% o whom w blak.

    ca d j caa

    ad a a d

    m d j.

    Requirethatentitiesreceivingcity

    uli susidis a jos o chiagosidns, ak ha niys ulillmno ha ommimn, and law aksusidis whn hy all sho.

    Createlivingwagerequirementswithall iy susidy ogams.

    Implementacommutertaxto

    omnsa h iy o is ulisay oss, ansoaion oss,inasuu oss, and IF susidis,and as h udn on chiago-sidn axays, o whom h

    n is o dow nown jo g owh havn diso o iona ly s mall .

    Ma a d ad

    q a, a

    ma .

    ImplementRobinHoodportingto

    ak IF mony om walhy downownaas and invs hm ino uly lighdommuniis.

    Developafixedformulathatdeclaresa

    sulus in osous IF disis anduns a s oion ak o loal axing

    odi s.

    e a a da p qa p , pa

    dp ad a.

    CallforareviewofCityofChicagosand

    chiago puli Shools ins aswa dals wih Wall S ig anks, andngoia hs agmns down omoss o $74.1 million and $36 millionvy ya.

    ra adad a

    .

    Pushforanincreaseinthecityminimum

    wag o nsu ha woki ng amil is ansha in h onomi ns o chiagossaus as a gloal iy.

    rd a d ad

    mdd m am

    add i a

    d.

    Workwithstateofficialstoamendthe

    Illinois onsiuion o allow a gaduadinom ax o liv h disooionaudn on lo w- an d mid dl- ino mamilis, and a h vnu ndd osuo duaion and h iial sayn.

    Executive Summary

    reCommenDAtions for the mAyor AnD City CoUnCil:

    pAGe 2

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    h ciy suod his lan imaily hough ax InmnFinaning (IF) and gans. Fom 2004-2008, h iy sn $1.2

    il lion om IF un ds in h na l aa .6 Many o h iinsw oo aio ns in sd in n ovai ng , mov ing , o xa ndinghi ois.7 IF oonns agu ha ooa givaways aquid i iis wish o xand iva dvlomn. ciy oiialsagud ha luing ooa hadquas o downown chiago

    would su l in an an ho o onomi sa ili y and g owh houg hsusqun jo aion and sonday onomi aiviy.

    Howv, sudis show ha h a mo imoan aoshan ooa susidis ha di long-m suss o loalonomis. hs aos inlud h skills o h loal woko,ass o sulis, and ass o maks.8 eduaional aainmn is

    h songs dmining ao o ovall onomi oman inh long un.9

    o h dimn o a ga num o chiagoans, iy govnmnhas simly aild o adqualy addss h uli svi nds oiy sidns in n yas. h iy anno x o dvlo a

    wl l-d uad wok o i i s s hools a si snly un d undd ,unsal, o ing losd n mass. Nih an h asi ndso chiago sidns m whn uli sous a divd ounding ojs o osous iva dvlos.

    I is wih his in mind ha w ook a sh look a uli invsmnin downown chiago via h IF ogam, and valuad is ima

    on h s o h iy. chiagos nighohoods a nooiouslysggad, and dvlomn oliy has miod his y aingsggad onomis. Fousing IF xndius on downown,uing uli svis in nighohoods, dling uli souso uli us, and nighohood dsailizaion a all symomso an unqual sysm wih h wong ioiis. W mus imlmnIF om, udg om, and oliis ha inas qualiy o liin nighohoods, in od o om a iy wh all sidns aonsidd and inludd in h iys onomi osiy and uu.

    Naional and loal onomis hav xind an anmi ovyom h Ga rssion, whih gan in Dm o 2007 a

    xssiv isk aking y h inanial so ashd h onomy.2DespiteeconomistsdeclarationsthattheGreatRecessionended

    oiially in Jun 2009, ommuniis aoss h ouny, inludingchiago, a sill suggl ing o ov. Sady u slow jo gowhhas onvind dision maks ha saus quo oliis, suh asno-sings-aahd susidis and ooa ax aks, a woking,and should l unhangd. bu a los look a mloymndaa vals ha his mains a im o isis o mos chiagoans,on whih quis a assssmn o oliis ha a ou unonomi ondiion and sha ou uu.

    h Ga rssion ough od jo losss and massiv

    nums o olosus o ommuniis aoss chiago, wihdownown a noal xion. Whil nighohoods aossh iy saw us o ogams and svis duing h onomidownun, auiiaion os, inasuu imovmns, andulily-undd iva dvlomn dals in h nal aa oh iy wn on uninud. As a sul, downown chiago ishiving.

    Downown dvlomn was a ioiy houghou h rihadM. Daly adminisaion and am oiial oliy a hassag o h cnal Aa plan in 2003. 3 h lan ioiizd hdvlomn o downown jos, housing, and nw uli svisand ailiis.4 buil aound h oodinaion o h Damno Housing and eonomi Dvlomn, h Damn oansoaion, and h Damn o h envionmn, h lanaiulad h oml nds o a nighohood, inooaingduaional ailiis, aional sas, assil jos, and ailsvi s. Noaly his lan was limid o Downown.5

    Introduction

    pAGe 3

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    IF lays a ky ol in h onomidvlomn o ou iy. IF is an onomiool, oiginally inndd o invs loal oy

    ax dollas o addss lighd ommuniis, hadivs is vnu om h oy ax sysm.Undsanding h asis o IF and h oyax sysm is imoan o undsanding IFsima. chiagos oy ax suu isomliad; ho, ou xlanaion will ouson h oad dsign o h sysm as a whol andis inaion wih IF.

    evyon who livs in h iy ays oyaxs, ih dily as a homown oindily hough n. poy axs go

    owad h unding o vial uli svis ok ou iy and ouny unioning. poyaxs a dmind hough aaising h

    valu o a oy, mulilying ha amouny an assssmn sandad o n n oh oy valu, mulilying ha y a saqualizaion ao o du inqualiis wngions, suling in h equalizd Assssd Valu(eAV) o a oy. 10 exmions, suh as hoso snios, an alid a his oin o duh amoun o h eAV ha will hav axsalid o i.

    Loal govnmn niis ha ovid svisinaspecicgeographyarecalledlocaltaxing

    bodies.Localtaxingbodiessubmittheirestimate

    o vnu nds o h cook couny clk, andqus a nag o h eAV. Fo h chiago

    boad o eduaion (an xaml o a loal axingody), h individual agny a (sima ovnu ndd) was 3.422% o 2012. 11 All h

    individual agny as o loal axing odis ahn onsolidad ino a omosi ax a. In2012, chiagos omosi ax a was 6 .396%. 12T cook couny clks exnsion o hndmins h aual amoun o olld,alld h ax xnsion, and hags hos asaodingly o oy owns.

    IF vnu is divd om axs on oy wihin iy-dsignad IFdisis. Whn a disi is ad, a a is lad on h eAV ha an axd o loal axing odis and any uu inas in eAV gos owad hIF disis und (highlighd in gah low).14

    Any non-h om ul i ndiv idual agn y a (as o loa l a xin g o dis likshools o aks ha a no managd y loally-ld oiials) an onlyinas o k u wih inlaion.15 Any inas in oy axs aov haa is olld and dosid ino a saa aoun o h IF disi.his mony is hn und h dision o h iys Damn o Housingand eonomi Dvlomn, whih is und h Mayo o chiago, andany aion quis aoval o h iys iy aldmn. h Mayos songinlun ov h iys lgislaiv mas also xnds o IF.

    chiago sidns ay hi oy axs ocook couny, whih in un disius hsunds o loal axing odis. blow is a ha

    showing h loal axing odis and hisha o oy axs in 2012 om h cookcouny clks Annual ro.13

    proerty Tax System and TIF Exlanation

    pAGe 4

    Board of Education53.50%

    City of Chicago School

    Bldg & Improv Fund

    2.28%

    City of Chicago

    18.00%

    Chicago Library Fund

    2.00%

    Chicago Park District

    6.18%

    Metropolitan Water

    Reclamation Dist

    5.78%

    City Colleges

    2.97%

    Cook County

    8.30%

    Forest Preserve District0.99%

    Typical Division of Property Taxes Among Taxing Bodies

    BaseLevelEAV

    TIFAdopted

    TIFDissolved

    5 10 15 20

    EqualizedAssessedValuation(EAV) $

    Real Estate Taxrevenue derivedfrom increased EAVto pay eligibleproject costs

    DistrictsTotalEAV

    (Realestatetaxrevenue

    derivedfromE

    AVavailableto

    taxingdistrictsservingarea)

    Levy that can be applied to this incremental EAV

    in the district - used to subsidize and supporteligible projects in the TIF district

    Increment

    Typical TIF District Creationand Revenue Generation

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    Sin 2005, udg diis hav om a uing isis o hciy o chiago and chiago puli Shools. Agumns ag ovh xn o whih, and h ways in whih, IF disis ima

    uli udgs. ciis agu ha IFs div axing odis omony ha hy would ohwis iv. poonns say haIFs ak ax mony ha only xiss as a sul o h onomidvlomn sud on y IFs. h is widsad agmnamong aadmis and loal oliy gous ha IF disis aisoy ax as o ol who liv in and ousid o a IFdisi, and ha IFs limi h mony availal o axing odis ylimiing h xnsion a alid.16 Moov, in ass wh a IFdisi xiss in an aa wh dvlomn would ou wihouIFs (lik h LaSall cnal IF Disi), h disi is oaingagains is oiginal uos and sving only o div vial oyax dollas om loal axing odis.

    In 2010, Mayo Daly dlad a $180 million IF sulus o hllos an undnd $654.7 million udg ga o isal ya

    2011. his ough $38.5 million o h ciys udg and $90million o cpS.20

    Mayo emanuls is iy udg, o isal ya 2012, am wiha $635.7 million dii. h Mayo was also daling wih cpS

    udg o lms whi h ha d is own x d d ii o $241.1million.21 Dsi oiginally saying IF ould no a soluion osolving h udg dii, h susqunly aknowldgd ha IFmony should no say idl whil udg diis w hamingh iy, and h vnually dlad a $61.7 million IF sulus oalloa $12 million o h iy and aou $30 million o cpS.22

    Mayo emanuls sulus dlaaion sill l lag hols in h iyand cpS udg. In an am o uh du h udg dii,

    h Mayo also ngoiad onas wih lao unions o ulao oss o h iy, iniiad a os shaing agmn wih cookcouny, and imlmnd iinis o u ovhad xnss.

    evn wih all hs os, h udg gas o h iy and cpSw n o il ld. o los h d i i o ml ly, h Mayo uunds o uli say and soial s vis ovidd y h iy, uduaional ogams ovidd y cpS, and inasd iy s ochiagos sidns.

    Win i no h IF sa u i s a os s y whi h h i y an d laa IF sulus and un oy axs ak o h ovlaing axing

    odi s aodin g o a o- ad s hd ul asd on h a xin g o dis

    nag o h onsolidad ax a.17

    A h la g s al, loa l a xin g od is oman v sus ha o h IF sysm an sn hough hi udgay hangs ov im.ciy o chiago and chiago puli Shools a ky loal axing

    odi s ha o nol snd ing ov s v is ha c hiag oans u s v yday. his ha omas ah odys gowing annual diis o IFsannual vnu.

    ciy Dii Daa Sou: civiFdaion & ciy o chiago

    IF Daa Sou: couny clk

    cpS Dii Daa Sou: cpSciid Annual Finanialros, cousy o chiagoahs Union

    IF Annual rvnu vs. ciy ex d Dii andcpS exd Dii om ciy 2006 - 2012 18 19

    Budget Imact

    pAGe 5

    $400

    $500

    $600

    $700

    $300

    $200

    $100

    $020092007 2008 2010 2011

    TIF Annual Revenue

    City Budget Decit

    *in millions

    Estimated CPS Budget Decit

    20122006

    $500.4

    $555.3

    $495.6$519.7 $510.0 $520.0

    $453.7

    $654.7

    $457.0

    $635.7

    $241.1$244.0

    $106.4

    $145.2

    $469.6

    $217.6

    $109.0

    $64.5$45.9

    $94.8 $105.0

    TIF Annual Revenue Compared to City and CPS Budget Decits

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    Any is al solu ion ha ina ss a la o a x las a di soo io na udn on lo w i nom hou sho lds. Famili s w ih s mall in omshav o saii ou o an alady limid udg whil walhy amilis hav mo dision aou wha non-ssnial snding an limid.28

    W hn onsid d o gh, i o ms la ha sih oning o ax vnu hough IF, along w ih us o so ial s v is and h iks in ov al ls and axs, omin o disooionaly ham low inom housholds and nigho hoods. Dsi laims o h onay, Mayoemanul has y o na maningul IF om ha would ing aou quiy, aounailiy, and lannd onomi ni o wokingchiago. H has no vn nad any masus om his own IF asko o lasd in 2012 ha would inas ansany, allowo mo uli aiiaion, o ivly alloa IF mony as a o a long-m dvlomn sagy.

    h Mayos us liminad jos o chiago sidns, dasd sous o oli saing, dud liay hous, and losd hal oh mnal halh linis in h iy. h Mayo-aoind boad o eduaion also u $87 milli on dollas om ashool and aadmiogams ha w sn as non-ssnial. his u youh on h s and xosd hm o a ga isk o violn. h us o mnal

    halh svis hav also ld o cook couny Jail ovowding, an ouom ha dos no hl h son nding mnal halh svis nochiago axays who hav o ay mo o hold h son in a ison ll. 25

    Source: Chicago 2012 Budget Overview26 and Chicago Sun-Times 27

    Source: Chicago 2012 Budget Overview23 and Chicago Tribune24

    Budget Cuts that Directly Impacted

    Quality o Lie in Chicago Neighborhoods Fee and Tax Increases or Chicago Residents in 2012

    pAGe 6

    Fee tyPe AMountincreAse Per

    FAMily

    Water Increase $147 million$120set to doubleee by 2014

    CPS PropertyTax Increase

    $150 million $84

    TOTAL $297 llo $204

    CuTs fOr fisCAL

    YeAr 2012AmOun T

    City o Chicago Ofces $24.3 million

    Police Department $82 million

    Chicago Public Libraries $6.6 million

    Mental Health Clinics $2.2 million

    CPS Cuts (aferschool andacademic programs)

    $87 million

    TOTAL $202.1 llo

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    AcloserlookatthedowntowneconomyrevealsthatthejobscreatedbyTIFprojectsshouldmoreaccuratelybecalledjobtransfers.Mostof

    h nw downown ooaions did no ing nw jos, u simly movd os o ondnsd hi ooins. Svn ou o n ojs in hLaSall cnal IF disi w xud wih h inn o loa usinss hadquas; howv o hs svn, h hadquas loadom ou-o-sa, on om h suus, wo om wihin h iy.29 T iy gav Unid Ailins wo din IF dals o wo loaions loksaway om ah oh.30 T riv poin ow IF oj sud h ins o h William blai invsmn m, h m sonsil oundvaluing h chiago paking M dal, o mov loks away om hi oiginal loaion, u vnually anlld h dal.31 Mayoemanul agd o naliz h riv poin ow IF dal wihou any nan lind u o anho h oj in 2012. T oj dos now hava nan o anho h oj. In Januay o his ya, h law m o MDmot Will & emy signd a lt o inn o mov in 2017 is oso riv poin ow, aou hal a mil away om is un o. 32

    Downown saw a n inas o 52,404 jos om 2002 o 2011. Y in chiago as a whol, h n jo inas was only 42,283, indiaing ha,whil downown jo s w gow ing, 10,121 jos w los aoss nigh ohoods.

    his sudy asssss h onomi ima o downown dvlomn and jo aion wih a ous on iv aosimaing iy sidns: jo aion, mloymn, unmloymn, inom lvls, and ovy.

    Imact on City and Neighborhoods

    Job cre Ation = Job trA nsFe rs

    evn hough h iy gaind 42,283 jos, chiagosidns xind a n loss o 53,884 jos om2002 o 2011. his mans ha, in his iod a las,downown jo gowh imaily nid woks wholivd ousid h iy limis. his is aially xlaind yh a ha only 1 o 4 nw jos load in downown

    wn o chi ago sid ns ( 27.47%) . In 20 02, chiago

    sidns hld 56.22% o all downown jos; y h ndo 2011 ha sha dasd y 2.38 nag oins o53.84%.

    h olla ounis, inluding Dupag, Kan, Kndall,Lak, MHny, and Will, nid mos om h gowho downown jos onsiding h oiginal sha o joshy ossssd. Naly 4 ou o vy 10 nw downown

    jos ad wn o wo ks liv ing i n h ol la oun is.

    A d look ino ch iagos li mid gains show s aialdisaiis among hos chiago sidns who nidmos om downown jo gowh. An ovviw o aial

    majoiis aoss zi ods wihin h iy shows ha, ina iy mad o nighohoods, som aas ni mohan ohs om downown ooa uimn.

    Duing h oom o downown dvlomn, blak-majoiy zi ods ah los a mdian o 620 downown

    jos, Lain o-maj oi y zi o ds a h l os a mdia n o 381downown jos, whil whi-majoiy zi ods gaind amdian o 509 jos ah. Zi ods wihou a la aialmajoiy gaind a mdian o 253 jos ah.

    net Job losses For city resiDents

    Source: LEHD Data via On The Map Census Website

    Median Downtown Job Change Across

    Diferent Racial Majority Zip Codes

    pAGe 7

    0%

    5%

    10%

    15%

    20%

    25%

    30%

    35%

    40%

    SuburbanCook

    CollarCounties

    Out of State IL (Non-ChicagoMetro Area)

    Chicago

    8.51%27.47% 38.11% 15.78% 10.14%

    Share of Downtown Job Growth 2002-2011

    Share of

    Downtown

    Job Growth

    chicAgo ZiP coDes

    Racial Majority(50%+) ACS2007-2011 Estimate

    Black Latino White NoMajority

    MedianDowntown

    Job Change-620 -381 509 253

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    As o Au gus 2013, h chia go a aunmloymn a was 9.2%, o1.9 nag oins high hanh naional a.33 Fom 2002 o2011, 65% o h iy s zi odsxind a n jos loss.

    Mos ol who los jos siddin nighohoods ha w laglyblak o mixd blak and Laino.h n zi ods wih h highs

    unmloymn as also hav hhighs onnaions o blaksidns.

    city uneMPloyMent

    A r AciAlly DiviDeD

    reAlity

    *60609 had a composite Black and Latino population o 72.5%Source: American Community Survey 2007-11

    Overall Number o People Who Gained or Lost Any Jobs According to Zip Code

    pAGe 8

    ZiP coDeuneMPloyMent

    Rte% blAck

    60636 34.7 96.1

    60644 25.8 94.6

    60620 24.6 98.6

    60621 24.1 98.3

    60624 23.4 96.2

    60653 22.1 94.1

    60637 20.9 79.2

    60619 19.6 97.7

    60609 18.6 29.8*

    60651 18.5 67.6

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    Downown dvlomn inasd h amoun o high ayingjos in h i y dui ng h sam i m ha a ga num o middl and low-inom chiagoans saw hi onomioounii s dud. Fom 2002 o 2011, woks who livdin h iy xind a n inas o 129,054 jos aying$40,000/ya and aov, o aou $19.23/hou and aov

    (asd on a 40 hou wok wk). Simulanously, iy sidnsalso los 182,938 jos ha aid low $40,000/ya.

    Gowh o high wag jos ha hid chiagoans wasaomanid y a dimaion o minimum-wag and middl-lass jos also hld y chiago sidns. h s way odih h ima duing h las dad o c hiagoshousholds an ind om h mdian housholdinom.

    On h whol, blak housholds an h las o any dmogahigou. In 2000, blak housholds and slighly mo han hal o

    wha W hi housholds w ma king. Tis ga i nasd in 2011,

    whn mos blak hous holds w aning lss han hal o mosWhi housholds.

    Whil i i s indd s ignia n ha som chiago si dns sud goodaying jos, h ga num o jos los a middl-lass wags noonly damns ha suss, u svs o dn h divid wnblak woks and all oh woks as h inom ga widns.

    cus in h uli so signiianly waknd h aning ow oblak housholds du o blak woks making u h lags aialgou among h uli so. 42.2% o uli so woks wholivd in chiago w blak, high han any oh aial gou. 34

    Mayo emanuls aoah o addssing udg issus y losingshools and halh linis, ho, his h iy douly: is houghh loss o ommuniy ns o laning and o ky svis, andsond hough h liminaion o a ky sou o middl-lassmloymn o blak chiagoans.

    Fom 2000 o 2011, h was a 1% inas in amilis living inovy in chiago. blak and Laino sidns w a a high isko living in ovy han hi whi ounas. h nago blak amilis living in ovy was aou 5 ims high han hnag o whi amilis living in ovy, whil h nag oLaino amilis was aou 4 ims ha o whi amilis.

    incoMe AnD Poverty levels

    Source: Decennial Census 2000 and American Community Survey 2007-11

    Source: American Community Survey 2007-11*Poverty levels here are deined by the Census classiication o Families inPoverty using Federal Poverty Guidelines.

    Source: Decennial Census 2000 and American Community Survey 2007-11

    Median Household Income Change In Chicago By Race

    pAGe 9

    $20,000

    $15,000

    $10,000

    $5,000

    $0

    AsianBlack

    M

    edianHouseholdIncome

    Latino WhiteChicago

    $8,746

    $2,196

    $5,137

    $16,217

    $17,974

    Median Household Income Change

    13.3%17.6% 27.4% 20.9% 5.3%

    30%

    25%

    20%

    15%

    10%

    5%

    0%

    Asian Black Latino WhiteChicago

    Livingi

    nP

    overty

    Families Living in Poverty in Chicago

    2000

    DecenniAl

    2007-2011

    Acs estiMAte

    Chicago HouseholdMedian Income

    $38,625 $47,371

    Asian HouseholdMedian Income

    $40,519 $56,736

    Black HouseholdMedian Income

    $29,086 $31,282

    Latino HouseholdMedian Income

    $36,543 $41,680

    White HouseholdMedian Income

    $49,222 $67,196

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    Zi ods ha hav housholds aying mo han30%oftheirincomeinrentarequalifiedasHousing

    Burdened.35 his is h sandad dal masu o asssswh h o no lo al h ousing is a oda l o o uan s.Zi ods wih mo blak and Laino housholds wmo likly o housing udnd, whil zi ods

    wi h mo wh i housholds had low lv ls o hou singud n.

    blak-majoiy zi ods o h highs avag housingud n. Aas wi h no la aial majo ii s hav a low

    n udn. h daa suggss a laionshi wnaial sggaion and ass o aodal housing oning housholds.

    Wih 51.62% o a ll chiago ns x in ing h ousingud n, a o dal hous ing o n s i s a k y i y-w idissu ha ould uh dsailiz nighohoods

    wi hou an o o in as a odal n ing s ok hams h nds o h iy.

    Wih sign ian loss o ono mi oo uniis and aing

    ssu o nd aodal housing, 195,275 sidns lh iy wn 2000 and 2011.

    180,000 o hos dislad wn 2000 and 2010w blak sidns.36 rad disuions and shoollosings in blak ommuniis, us in ansoaionsvis in dominanly blak nighohoods, andmassiv olosu as disooionaly aing blakommuniis all am ogh duing his sam iod.37ogh, hs aos dasd h qualiy o li in blakommuniis and ushd blak amilis ou om h i y.

    Neighborhood Trendsthat Imact Economic Success

    housing

    DisPlAceMent

    Source: American Community Survey 2007-11

    Overall, downtown gained oulation

    while neighborhoods lost

    Net Population Change According to Zip Code

    pAGe 10

    20%

    MajorityBlack

    MajorityLatino

    MajorityWhite

    NoMajority

    Chicago

    40%

    60%

    80%

    100%

    58.43% 55.93% 42.33% 49.04% 51.62%

    Average Housing Burden for Rentersacross Chicago Zip Codes

    Average

    Housing

    Burden

    for Renters

    per Zip Code

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    o guaan long-m onomi osiy,chiagos muniial govnmn mus do is so a a highly duad and divsly-skilldloal woko. T onomi shi o ossional

    svi, duaion, and halha indusis quisha woks oain ih ollg dgs, oaining in sializd lds.38 T mos n daashows ha 74.51% o iy sidns unly dono hav a ollg dg, w ih blaks and Lainosdisooionaly snd among his gou.

    Whn h i y atms o inas mloymnoouniis hough ooa hadqua

    uimn, h jos od qui high duaion dnials, hy aing a ai o a signian num o iy sidns who lak aollg duaion.. baus un blak and Laino sidns disooionaly lak ahlo dgs, hy mos likly will akd o low-wag

    jos. Inom disa iis in chiago w ill mos likly wosn w ihou omlmna y sagis o addss ai s o high duaion an d o agood jos a vy lvl o h onomi ladd.

    eDucAtion

    Whil u li invsmn om IF has suld i n a oom o

    downown chiago, an o vaany a o 14.9%, ouldwih a downu n in dmand, suggss ha h aa has ahd i ssauaion oin.39 Givn ha h oiginal inn o h IF ogam

    was o addss o vn lig h, h downown aa, whih is lalyno und ha o ligh, should disqualid om ivingIF dollas . Y h mos IF mony is sn in h iys nalIF disis. A his momn, wo lag Downown IF dals amoving ow ad und Mayo emanul. riv poin ow, loadin h Ws Loo a 444 W Lak, w ill os axays $30 milliondollas o a nw o sa wihou any nan. Anoh $55million dollas will sn o uy land o a sos sadium oa iva insiuion, Dpaul Univsiy in h aidly-dvloing

    Souh Loo.40

    Emanuelscampaignincludedtheideathatgovernmentisnotan

    employmentagency.41 Lik Mayo Daly o him, howv, hallows hundds o millions o ax dollas o sn on downownooaions, ssnially making govnmn a walh onsolidaingagny o iva dvlos.

    Downown invsmn oms w ih gandios omiss o jo aion,

    u lak o uli monioing an d aounai liy, litl is know n aouh aual nums and aual ys o jos ad y hs ojs.Muh mo ansany om h Mayos o is quid, siallyonsiding h amouns o axay mony a sak. Nw oonsuion only svs o susidiz omanis moving loks om hioiginal Loo loaions and dos no add jos o chiagos onomy. Ouassssmn svs in a o ll his inomaion ga and o val whaiy oials sk o onal: ha downown invsmn has suld inalamingly unvn jo gowh.

    T iy has also oud h uli ns o IF o shools o allowo nw shool onsuion and novaions ha would ohwisno availal wihou IF unding. An analysis o IF snding o

    shools showd ha ommuniis wih h highs soio-onomisaus ivd 36% o h IF mony sn o duaion, nhanddisaiis and alload mony o alady osous ommuniis.42Laino ommuniis ivd h las amoun o IF mony o shoolonsuion.43 24% o IF mony was sn o sliv nollmnshools, shools ha only mak u 1% o all cpS shools.44

    Economic path to WealthConcentration and Inequality

    tiF Abuse AnD DisPArities

    Source: American Community Survey 2007-11

    pAGe 11

    60%

    Asian Black Latino White Chicago Overall

    50%

    40%

    30%

    20%

    10%

    0%55.09%

    Bachelors Degree or Higher Attainment across Race and City

    17.71% 11.98% 56.53% 25.49%

    Attainment of

    Bachelors Degree

    or Higher of

    People 25 Years

    and Older

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    Immdialy o h Ga rssion, majo anks invnd ananial odu- h ins a swa- ha, o a im, svd oas h wild undiailiy o h mak and assuag invsosas o onial losss. Wih h ins a swa, anks laimd

    o aso mak isk, omising sailiy o lins. Howv, ah onomi ssion ld h Fdal rsv o s xmly lowins as, hs dals w und omlly usid down.45Now h ciy o chiago and chiago puli Shools a suk wihloans ha oow mony om anks a an ins a 3 o 5 oinshigh han h oiginal os o h anks. evy ya h ciy ays$74.1 million and cpS ays $36 million o ig anks lik bank o

    Amia and h royal bank o Soland.46 47 axays aild ouhs ig anks, only o ay h i a sond im wih hos anksgouging muniialiis in h wak o h onomi isis ha hya sonsil o.

    rngoiaing hs swas wih Wall S ould sav h ciy and

    cpS ns o millions o dollas vy ya mony ha ould kshools and linis on.

    In 2013, 46,000 shool hildn, majoiy blak, w imad whn chiago puli Shools losd 50 shools. 50 Sudis hav shown ha sudnsansd du o shool losings w a a ga isk o doing ou.51 Tis was aiulaly u whn onsolidad shools signianly inasdh sudn-o-ah aio, vning h ailiy o nw ahs o uild a solid laionshi wih nw sudns a a ky im in hi ansiion o anw shool and lassoom.52

    T ima o hs od-aking losings on blak sudns and h low-inom nighohoods wh hy oud will sn ov im. busuh massiv disinvsmn o ommuniis alady on h dg hans o disu h laning o housands o hildn, who alady a numoushudls o laning.

    As uno ula as i was owads h nd o is xisn, h Had axaound o $23 million in vnu o 2009 and 2010.48 I was oiginallyimlmnd y Mayo rihad J. Daly as a way o g vnu om

    woks who am ino chiago o wo k, u livd in h suu s. Nowha his ax is gon, h iy gains no signian vnu om h inaso suuan mloymn, vn hough his inas oms dily omchiago axays oks.

    T iy o Doi olls ommu ax om sidns laving h iyo wok in h suus.49 In chiagos as, a ommu ax would lvid on sidns who lav h suus o wok in h iy, as a manso omnsa h iy o h inasuu and svi oss ndd ohandl h ommu a.

    chiagos IF ogam and is massiv xndius o dvlo downownand imov inasuu hav ad nw jos ha ovwhlmingly

    wn o ol who liv ousid o h i y. T ov $1 illi on sn inIF, jus om 2004 o 2008, and oh i y svi xndius mus

    aland an d aid o y hos who us hm and no l on h aks ochiago axays.

    puli so jos ovidd assil mloymn o iy sidns and a loal u o h olosu isis.53 cus o uli so jos om2006 o 2011 had a disooiona ima on blak and Laino ommuniis, oniuing o high olosu as.54

    puli so jos a song illas o mloymn o blak woks and hl o los aial inom disaiis.55 As h iy adminisaion allso mo us o govnmn svis, hs us ham blak nighohoods hough loss o ass o svis and loss o good wag jos. Ash mayo aovs nw downown IF ojs ha inas h nanial oligaions o h iy and hn hooss o u iy jos o ivaizsvis o alan h udg, his s o disions lads o a sysmai dsuion o onomi oouniy o h iys un sidns, ando blak sidns in aiula.

    swAPs

    school closings

    cAncelAtion oF heAD tAx AnD lAck

    oF coMMuter tAx

    Destruction oF Public sector Jobs

    Destabilization of Neighborhoods

    pAGe 12

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    A majoiy o chiago sidns did no dily n om nw o -load downown jos om 2002 o 2011. T iys ioiizaion oonnaing sous downown oss a sious hallng o ou ni i y. I imas ou shools, ou usinss lima, and ou ailiy o ossa and vian nighohoods. W nd sagis o imov ass o good jos and o imov jo qualiy. eduaion, hough iially imo an,

    is no h only soluion o nding ovy.Wha chiago nds is a aland aoah ha as onomi osiy o all.

    The path to proserity

    reCommenDAtions:

    ca d j caa ad a a d f m d j.

    CreateanewqualicationforTIFspending,wherebythecreationofjobsspeciesthatcityresidentsmustbenetfromnewhires.Development

    agmns should siula wha nw jos should ad wih h susidy and law ak ovisions should siulad o stl disagmnswn wha is onsidd a nw jo vsus a ans.56

    Linkpublicinvestmenttogoodjobs.Itmakesbadeconomicsensetousepublicdollarstocreatepoverty-wagejobs,ortouseChicagotaxpayers

    dollas o a jos o woks in Oswgo. Wihou his oliy, iy sidns los ou wi on hough h loss o ax dollas ha ohwisould sn on ming loal nds wihou gaining di mloymn, and wi hough h aion o low-wag, no-ns jos ha k

    woks mid in ovy.

    Implementacommutertaxtocompensatethecityforitspublicsafetycosts,transportationcosts,infrastructurecosts,andTIFsubsidies,inorder

    o as h udn on chiago-sidn axays who hav no ivd h majoiy o h ns om downown jo gowh. T InsoGnals analysis showd ha a 1% ommu ax ould onially gan $300 million o h iy vy ya.57 Ta amoun alon ould havovd h wa inass, us o oli udgs, us o mnal halh sv is, and oh us y h Mayo.

    Ma a d ad q a, f a ma .

    CreateaprocesswhereLaSalleCentralTIF,andanyTIFdistrictlocatedinprosperingneighborhoods,implementsaRobin-HoodPorting

    masu o guaan ha sous inndd o ix uan ligh a aually invsd in suggling nighohoods.

    Developabuil t-inprocesswherebyasetportion ofalldowntownTIFmoney,asdeterminedbyafixedformula,isdeclaredas surplusand

    und ak o loal axing odis. runing oy ax vnu o uli axing odis will allow hm o und imoan iysvis and vn uu inass o h iys mos vulnal sidns.

    e a a da p qa p , pa dp ad fa.

    Callforarev iewofCityofChicagoandChicagoPubl icSchoolsinterestrateswapdealsandrenegotiatetheseagreementsdownfromcosts

    o $74.1 million and $36 million vy ya, sivly.58 59

    h ciy quis an ins a swa on is onds o oion, u h ciyand cpS hav h ailiy o ngoia hs dals o adjus h ins as o h un onomi aliy. San Faniso sussul lyngoiad hs dals whn a udg isis hand o shu a loal musum. 60 As ou iy suggls o solv is own udg iss,chiago axays dsv a ai dal on ins a swas.

    pAGe 13

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    ra adad a .

    As h naional onomy sug gls o ov, n ow is h im o chiago o lad h o o inas h minimum wag and ju msa h loalonomy. A ull onomi ovy is no ossil wihou a sugn middl lass, whih is h s mans o a mo jos and add xand

    onomi aiviy.

    o omlmn h momnum ad in downown onomi aiviy and h inas in jos aning mo han $19.23, and o ing mo iysidns ino h yl o onomi osiy, w mus ing u h sandad o all jos in h wak o h Ga rssion.

    Fou oh iis in h naion inasd hi own loal minimum wag as hy noid unvn dvlomn and gowing sgmns o hi iissuggling o wih ovy.61 I was an oouniy o mulily h ima o onomi aiviy was aking la and imov h onomi ondiiono all is sidns.

    PushforanincreaseinthecityminimumwagetoensurethatworkingfamiliescanshareintheeconomicbenetsofChicagosstatsasaglobalcity.

    rd a d ad mdd m am add i a df.

    Illinois fa inom ax las a havi udn on amilis and woks wih low inom and asss. On avag, Illinoisans aning in h low

    inom aks (lows 20%) ay 13.7% o hi inom in sa and loal axs. T walhis 1% o Illinoisans ay only 5.3% o hi inom in hsam axs. Illinois low and middl-inom amilis oninu o suggl om h gadual onomi ovy and dsv o k mo o himony o ovid o asi nds.

    Whi l Il linois sisn udg sho alls w moai ly amlioad y h inom a x inas (om 3% o 5%), ha inas is shd uld osuns a h nd o 2014. T Gnal Assmly mus ak aion o a a long m, ai ax om in od o av a loss o $2 illion in savnu. T Gnal Assmly mus ass a masu allowing h uli o vo o amnd h sa consiuion, hy allowing h aion o agaduad inom ax a.

    Nighoi ng sas lik Wisonsin and Iowa hav gaduad a inom axs. Sting gaduad as simila o hos in Iowa would ovid $6.3ill ion/ya in ad diional v nu o Ill inois. Ti s would ov id chiag o wih xandd vnu o dal w ih udg iss and o invs in v ialuli svis and ogams.

    WorkwithstatelegislatorstoamendtheILConstitutionandallowforagraduatedincometaxtorelievethedisproportionateincometaxburden

    on low and middl-inom amilis and a adly ndd vnu o vial uli s vis.

    pAGe 14

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    ciy oiials hav sussully savd downown, uning i ino a vian n l wih housing and any amniy ha ould dsid.by any masu, Downown anno onsidd lighd. Jus as din iy agnis alignd hi io iis o ous on Downown, hmus a nighohood ioi izaion lan ha ags h many nds o h loal ommuniis ousid o Downown. Wihou agd

    onomi dvlomn sagis, sially o blak and Laino woks, chiago will oninu o a al o wo iis.

    Dsi ing h hid mos oulous iy in h Unid Sas, chiago oninus o lag hind mos whn i oms o long ang lanning.eld oiials mus om ogh wih ommuniy, lao, and usinss o dvlo a omhnsiv lan ha woks o all iy sidns andonsids all ommuniis in h iys onomi ovy.

    chiagos hom ul saus givs h iy sa o aiv in is soluions o loal olms. Allv iaing ovy and is symoms, suh asviol n, unm loymn, and low d uai on aa inmn , qui s o nomi oli is ha i nvs i n lo al i nas u u and i mov h qual iyo li in ou nighohoods no jus Downown.

    chiagos ld lads along wih h ciys damn and agny lads mus mak a hoi. coninuing o mainain a singula ous ondownown dvlomn will oninu o inas h lvls o unmloymn and ovy in ou nighohoods. Alnaly, h iys ladsan hoos o ioiiz chiagos nighohoods sial ly hos whih a majoiy blak and Laino. Woking ogh wih lao and

    ommuniy lads, chiagos uli oiials an ha a nw ous ha imovs h qualiy o li o all chiago sidns.

    Conclusion

    pAGe 15

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    1CityofChicago.DistrictMaps,NarrativesandRedevelopmentAgreementInformation.Cityochicago.org, 2013. 5 S 2013..

    2NationalBureauofEconomicResearch.USBusinessCycleExpansionsandContractions.nber.org, 2013. 15 S 2013. .

    3

    Chappell,Jim.eChicagoCentralAreaPlan.SPUR, 2013. 5 S 2013..

    4 Iid.

    5 ciy o chiago. Te Chicago Central Area Plan. chiago: ciy o chiago, 2003. 5 pDF.

    6Caputo,Angela.Loopholes.Chicago Reporter. Jan 4. 2011. 12 Aug 2013. .

    7CityofChicago.CityofChicago,LaSalle/CentralTIF.Cityochicago.org, 2013. 5 S 2013..

    8LeRoy,Greg.SiteLocationConsultants|GoodJobsFirst.Goodjobsrst.org, 2013. 2 S 2013..

    9 bg, Noah and p Fish.A Well-Educated Workorce is Key to State Prosperity . Washingon, D.c.: eonomi Analysis and rsah Nwo k, 20 13. 9. pDF..

    10 bown, caol, cai Ausin, Adla cda, bu Kaz, Mlinda Klly, Sv Koh, Andw Moony, Laun Msall, Julia Sash and rahl W.CityofChicago::TaxIncrementFinancingTaskForceFinalReport.Cityochicago.org, 2013. W. 3 S 2013..

    11 cook couny clk. 2012 IF revenue up nearly 1% in Chicago, down 3% in suburbs. July 13, 2013..

    12 Iid.

    13 Iid.

    14 bown, caol, cai Ausin, Adla cda, bu Kaz, Mlinda Klly, Sv Koh, Andw Moony, Laun Msall, Julia Sash and rahl W.CityofChicago::TaxIncrementFinancingTaskForceFinalReport.Cityochicago.org, 2013. W. 3 S 2013..

    15 Iid.

    16

    civi Fd. Cook County Property ax Extension Process Primer. chiago: 2011. 16. pDF.

    17 Fais, Shi and John Hoas. Creation vs. Capture: Evaluating the rue Costs o ax Increment Financing. Kansas ciy: Jounal o poy ax Assssmn &Adminisaion, 2009. 12. pDF.

    18 civi Fdaion. Financial Challenges or the New Mayor. 2011. civi Fdaion. chiago: . 5. 15 Aug 2013..

    19Orr,David.TIFReports.Cookcountyclerk.com, 2013. W. 15 Aug 2013. .

    20Maidenberg,Micah.ADentInDaleysTIFProgram.Progress Illinois. Nov 8. 2013. 20 Aug 2013..

    21 O o Shool Finanial Svis. Certied Annual Financial Report. chiago: chiago puli Shools, 2013. 36. pDF.

    22Dardick,Hal,KristenMackandJohnByrne.Emanuelaimstoraisefees,cutjobs,trimlibraryhoursinrstbudget.Chicago ribune. O 12. 2011. W. 15 Aug 2013.

    .

    23CityofChicago.MayorRahmEmanuelOutlines2012BudgetProposaltoSecureChicagosFuture.Cityochicago.org, 2011. 15 S 2013..

    24Ahmed,NoreenS.andJoelHood.NolayodetailsyetinCPSbudgetcuts.Chicago ribune. Aug 7. 2011. W. 12 Aug 2013..

    25Schmadeke,Steve.CookCountyJailsinmatepopulationrisingPolicecrackdown,closingofmentalhealthfacilitiescitedascauses.Chicago ribune. S 13. 2013.W. 20 S 2013. .

    Endnotes

    pAGe 16

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    26CityofChicago.MayorRahmEmanuelOutlines2012BudgetProposaltoSecureChicagosFuture.Cityochicago.org, 2011. W. 15 S 2013. .

    27Rossi,Rosalind.MaximumpropertytaxhikesoughtforChicagopublicschools. Chicago Sun imes. Aug 5. 2011. W. 5 S 2013..

    28Mcintyre,RobertS..eFlatTaxersFlatDistortion.Ctj.org, 2013. W. 2 S 2013. .

    29CityofChicago.LaSalle/CentralTIF.Cityochicago.org, 2013. W. 5 S 2013..

    30 Iid.

    31 Hins Ins L.p..River Point - William Blair Lease Update. 18 Mah 2009 pin. < ht://www.hins.om/ss/lass/3-18-09.asx>

    32Trainor,Tim.NotSpecForLong:McDermoToAnchorHinesNew45-StoryRiverPointOceTower.Costar Group. Jan 22. 2013. W. 5 Aug 2013..

    33 U.S. buau o Lao Saisis. Chicago Area Economic Summary. chiago: U.S. D. o Lao, 2013. 1. pDF.

    34 pits, Svn. Chicago Data Set o Black Workers and the Public Sector. bkly: Uc bkly Lao cn, n.. XLS.

    35U.S.HousingandUrbanDevelopment.AordableHousing-CPD-HUD.U.S. Dept o Housing and Urban Development, 2013. W. 5 S 2013..

    36Spielman,Fran.Lossof180,000blackresidentswillcomplicateChicagowardremap.Chicago Sun-imes. July 6. 2011. W. 9 Aug 2013..

    37

    Klinman, Dan.Mapping Divestment in Chicago. chiago: 2013. 2-3. pDF.

    38 cn on eduaion and h Woko.New Report nds 610,000 Manuacturing Jobs have been Lost in the Midwest but New Jobs in Healthcare and Education OerOpportunity . Gogown Univsiy, S 13, 2011 pDF. .

    39Ori,Ryan.Downtownocemarketlosesmomentum.Crains Chicago Business. Ail 1. 2013. 15 Aug 2013..

    40Roeder,David.McPierpicksarchitectforDePaularena.Chicago Sun-imes. S 23. 2013. W. 23 S 2013..

    41Dumke,Mick.CityjobcutshitblackandHispanicneighborhoodshardest.Chicago Reader. Jan 4. 2012. W. 23 July 2013..

    42 Fam, Shani. ax Increment Financing and Chicago Public Schools Construction Projects. chiago: chiagoland rsahs and Advoas o ansomaiv eduaion,2012. 5. pDF. .

    43

    Fam, Shani. ax Increment Financing and Chicago Public Schools Construction Projects . chiago: chiagoland rsahs and Advoas o ansomaiveduaion, 2012. 7. pDF. .

    44 Iid.

    45 Svi emloys Innaional Union.Big Banks Squeeze Billions in Prots fom Public Budgets. 2010. 2. pin.

    46 ciy o chiago. Comprehensive Annual Financial Report or the year ended in Dec 31, 2012. chiago: 2013. 75-78. pDF.

    47 chiago puli Shools. Comprehensive Annual Financial Report or the year ended June 30, 2012. chiago: 2013. 69-73. pDF.

    48Spielman,Fran.MayorRahmEmanuelssurprise:Cutsjobkillerheadtaxinhalf.Chicago Sun-imes. O 5. 2011. 5 Aug 2013..

    49

    Inspector,General.IncomeTaxes-CreateaCommuterTax|CityofChicagoOceofInspectorGeneral .Chicagoinspectorgeneral.org, 2013. W. 1 O 2013..

    50Vevea,BeckyandLindaLuon.Factcheck:Chicagoschoolclosings.Wbez.org,2013.5Sep2013. .

    51 Fam, Shani, Isaua pulido, pamla Konkol, K a phillio, David Sovall and Mik Klonsky. CReAE Research Brie on School Closures. chiago: chiagolandrsahs and Advo as o ansomaiv eduaion, 2013. 1. pDF. .

    52 D La o, Maisa and Julia Gwynn. When Schools Close: Eects on Displaced Students in Chicago Public Schools . consoium on chiago Shool rsah. chiago:2009. 26. pDF.

    pAGe 17

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    53Dumke,Mick.CityjobcutshitblackandHispanicneighborhoodshardest.Chicago Reader. Jan 4. 2012. 23 July 2013..

    54 Iid.

    55 pits, Svn.Black Workers and the Public Sector. bkly: Uc bkly cn o Lao rsah and eduaion, 2011. pDF. .

    56 W, rahl and David Sanao. Te Ideal Deal. Good Jos Fis, Washingon, D.c.: 2007. 13-16. pDF..

    57

    Inspector,General.IncomeTaxes-CreateaCommuterTax|CityofChicagoOceofInspectorGeneral .Chicagoinspectorgeneral.org, 2013. W. 1 O 2013..

    58 ciy o chiago. Comprehensive Annual Financial Report or the year ended in Dec 31, 2012. chiago: 2013. 75-78. pDF.

    59 chiago puli Shools. Comprehensive Annual Financial Report or the year ended June 30, 2012. chiago: 2013. 69-73. pDF.

    60 eaon, chali, Jao Haink, Mukul Kuma, ama L Sov and Alx rohk ass. Swapping our Future: How Stud ents and axpayers are Funding RiskyUC Borrowing and Wall Street Prots. bkly: puli Soiology, Univsiy o calionia, n.d. 7. pin.

    61 Sonn, paul K.. Citywide Minimum Wage Laws A New Policy ool or Local Governments. Nw Yok: T bnnan cn o Jusi, 2006. 4. pin.

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