A recent report from the Daily Herald revealed the cash starved Village of Schaumburg that passed a monumental new municipal property tax has found $750K in cash for “historical preservation”.

Schaumburg should take a hint from Mayor Johnson of Elk Grove Village and shut down the wasteful spending in the Old Schaumburg Center TIF district.

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.

Mr. Costin said that for the sake of the people of Schaumburg and the taxpayers, he hopes that none of the Village Board members and trustees will support this project.

“Time for TIF sunshine” Chicago Tribune Op-Ed could be talking about Schaumburg’s Tax Increment Financing woes.

Yet the leftists of this country at some point fell head over heels in ideological love with trains.

The Village of Schaumburg claims in the Star Line Plan that “A TIF does not increase taxes”. This is utter nonsense.

If it were not for a Freedom of Information Act request, the Village of Schaumburg would still be hiding the $95,000,000 corporate welfare subsidy.

For $119.5 million, the taxpayer is entitled to a map showing the buildings, roads, parking lots, train stations or other structures that are planned to be demolished or constructed using taxpayer money. However, the Village of Schaumburg hasn’t provided this.