Arlington Heights-based Township High School District 214's Board of Education agreed to consider hiring a lobbyist as talks of tax deals for a proposed Chicago Bears stadium in the suburbs heat up in Springfield.
Arlington Heights-based school district officials will look at hiring a lobbyist as talks around possible tax deals for a proposed northwest suburban Chicago Bears stadium heat up in Springfield.
District 214 would be one of several school districts to be impacted by any property tax incentives for the Bears or another developer of the Arlington Park property. Palatine District 15 Superintendent Laurie Heinzin summer 2022 to oppose establishing a tax increment financing district to bring the Bears to the village, saying such a change could have a “potentially transformative” impact on area schools.
Instead of paying property taxes, Dalianis said the concept provides for a payment in lieu of taxes, known as PILOT, that a developer would pay.“But the special payment will be significantly less than what normal property taxes would be,” he said. “That’s the incentive, that delta.”
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Arlington Heights-based school district eyes lobbyist as talks of Bears move, tax deals heat up in SpringfieldArlington Heights-based Township High School District 214's Board of Education agreed to consider hiring a lobbyist as talks of tax deals for a proposed Chicago Bears stadium in the suburbs heat up in Springfield.
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