Corporate Welfare

Schaumburg Flyers Registration Revoked by State

January 21st, 2011  |  by  |  published in Blog, Corporate Welfare, Features

Despite recent reports of an imminent sale it looks like the Schaumburg Flyers are in some pretty serious legal trouble.

Lou Malnati’s Reimbursed With TIF funds

December 18th, 2010  |  by  |  published in Blog, Corporate Welfare, Features

Before the vote, Brian Costin, who is running against longtime Village President Al Larson, asked the board to reject the request, saying the business should pay, not taxpayers.

Schaumburg Flyers Sued for $922,000, but Taxpayers Owed More

November 24th, 2010  |  by  |  published in Blog, Corporate Welfare, Features

It is a huge mistake for government to run what should be a private business. This is gross mismanagement and a huge waste of taxpayer money.

Schaumburg Flyers $1.2M Delinquent in Payments, Village Officials Look the Other Way

November 24th, 2010  |  by  |  published in Blog, Corporate Welfare, Features

Why have Village officials looked the other way for the last 9 years, and perhaps longer, while the Schaumburg Flyers repeatedly defaulted on their obligations to the taxpayers?

Mayor Larson’s Billion Dollar Airport Blight

October 26th, 2010  |  by  |  published in Blog, Corporate Welfare, Features, Transportation

Bad government policy in Schaumburg has destroyed 1,600 local jobs and over $150 million in downstream economic activity in the local economy every year.

Audit Reveals 13 Facts About Schaumburg Flyers & Village Relationship

August 22nd, 2010  |  by  |  published in Blog, Corporate Welfare

13 alarming facts about the Schaumburg Flyers and the Village of Schaumburg’s relationship revealed in an audit performed by the Schaumburg Freedom Coalition.

Costin Demands Convention Center Transparency & Campaign Reform

March 28th, 2010  |  by  |  published in Blog, Corporate Welfare, Features, Transparency

“I would not take such campaign donations,” Costin said. “We have a very different code of ethics and there’s a big difference between how he runs the village of Schaumburg and how I’d run it.”

Schaumburg Convention Center Due a Serious Review

March 5th, 2010  |  by  |  published in Blog, Corporate Welfare, Features

The time is ripe for a top-to-bottom review of the convention center/hotel by a probing Village Board or independent citizen committee.

Special Tax Break Shows Schaumburg’s Political Blight

December 17th, 2009  |  by  |  published in Blog, Corporate Welfare, Features

The secrecy, deception, and total lack of due diligence in the determination of this blight expansion is an outrage.

Schaumburg to Give Developer Huge Property Tax Cut. Fair to Citizens?

December 1st, 2009  |  by  |  published in Blog, Corporate Welfare, Features, Taxes

Since the building was actually vacant for less than one year before the purchase on January 4, 2007, this building is not eligible for the 7B tax break.

Career Education 7B Tax And Employment Analysis

November 30th, 2009  |  by  |  published in Blog, Corporate Welfare, Taxes

It is unlikely that the Career Education Corporation 7B redevelopment to meet the requirement being “reasonably expected to ultimately result in an increase in real property tax revenue and employment opportunities within the area”.

Career Education 7B Government Assistance Analysis

November 30th, 2009  |  by  |  published in Blog, Corporate Welfare, Taxes

Career Education says they cannot relocate their headquarters to the vacant building at 231 N Martingale without a 60% property tax break for 10 years. This claim is weak and unsubstantiated.

Career Education 7B Blight Analysis

November 30th, 2009  |  by  |  published in Blog, Corporate Welfare, Taxes

Due diligence by the Village is so perfunctory and meager that the Village Board and staff were not aware of what buildings were in their own Commercial Blight Area Resolution!

Schaumburg Bureau President on Taxpayer-Financed Trip to Copenhagen

September 29th, 2009  |  by  |  published in Blog, Corporate Welfare, Features

Shouldn’t we be looking for ways to cut wasteful government spending and reducing the highest sales taxes in U.S. history rather than dreaming up additional ways to sink the local economy with additional tax burdens?

Schaumburg Taxpayer Group Questions Municipal Parking Lot Expenditures

July 28th, 2009  |  by  |  published in Blog, Corporate Welfare, Features, Schaumburg Politics, Taxes, TIF Property Taxes

The Old Schaumburg Center parking lot plan is completely unnecessary, and an unfair advantage to a privileged few businesses at the expense of all other local taxpayers.

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