Katsenes and Pekau are angry that I blew the whistle on their TIF district threat to taxpayers
By Ray Hanania
09-04-24 The dangers of Orland Park Mayor Keith Pekau’s secretive TIF district proposals
Katsenes and Pekau have failed for the past two years to file the Village of Orland Park financial audits. What are they hiding?
You need to listen to this interview I do with TIF expert Tom Tresser explaining how TIFs can easily be manipulated to benefit the politicians and their failed financial policies, to cover up debts (Orland Park, Katsenes and Pekau have failed to file the Villages Financial Audits now two years in a row).
Veteran TIF investigator and TIF author Tom Tresser details the dangers of how a TIF can easily be abused, soaking the property tax monies away from taxing bodies like school districts, libraries and other local agencies all to shore up a government’s debt, reward its contractors and contributors and to do it exploiting the TIF benefits that ease public disclosure.
The TIF districts being proposed in Orland Park could be part of an effort to off-set major municipal debt, give huge lucrative contracts to local developers who have donated to the politicians, and create huge burdens on taxpayers.
TIF’s require a designation of a property area to be called “Blighted” but that is an easy description to achieve. This is must listen education on the dangers of a TIF being exploited by an untrustworthy mayor who has not given enough information on how the proposed TIFs will operate or where the money will go.
The public right to know is unanswered in a TIF district and it can be done with giving the public proper notice and complete information on the financial aspects of a TIF. For more information on Tresser, visit www.Tresser.com Also visit Tom’s website The TIF Illumination Project at www.TIFReports.com For more information on Ray Hanania, visit www.Hanania.com
Watch the video interview using the widget below or click this link to watch it on Youtube.
Ray Hanania is an award winning former Chicago City Hall reporter who has lived in Orland Park since 1986. He writes for many suburban newspapers including The Regional News. For more information on this and other topics visit his website at hanania.com, to get information on subscribing to his columns and video podcasts below. email him at rghanania@gmail.com.
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