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Blocks Together Peoples Budget Initiative CHICAGO/CENTRAL PARK TIF - PowerPoint PPT Presentation

Blocks Together Peoples Budget Initiative CHICAGO/CENTRAL PARK TIF 1 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014 Peoples Budget Initiative The Blocks Together Economic Justice Committee has been working for the past 7


  1. Blocks Together Peoples Budget Initiative CHICAGO/CENTRAL PARK TIF 1 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  2. Peoples Budget Initiative The Blocks Together Economic Justice Committee has been working for the past 7 years to ensure more Transparency, Accountability and Direct Benefit within the Chicago/Central Park TIF district. 2 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  3. For 7 years BT’s Economic Justice Committee has worked to organize: An Annual State of the TIF Town Hall , where residents, the Alderman and the Department of Housing and Economic Development go over the accounting, job creation, and community benefit for projects that were funded by the TIF. Chicago/Central Park TIF Advisory Council whose main responsibility is to inform residents, maintain accurate and updated accounting data and ensure community residents have an opportunity to make recommendation for projects within the TIF district. 3 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  4. With the Peoples Budget Residents living in the Chicago/Central Park TIF will have the opportunity to allocate 2 million dollars from the TIF utilizing Participatory Budgeting Methods. Residents will have the opportunity from now thru September 14 , 2014 to submit a proposal for a community project. If the proposal meets all the criteria’s for funding the project will be included on the ballot, where residents will vote for projects that will receive funding. 4 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  5. Peoples Budget 4 Phases Residents living in the Chicago/Central Park TIF will have the opportunity to allocate 2 million dollars from the TIF utilizing Participatory Budgeting Methods. To accomplish this we had to breakdown the Peoples Budget into 4 Phases. 5 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  6. Peoples Budget Phase 1 Phase 2 Phase 3 Phase 4 6 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  7. Peoples Budget • Establish Oversight Committee. Phase 1 • Identify Working Areas. Phase 2 • Set criteria and eligibility for voting and project submission. Phase 3 • Complete Application. Phase 4 7 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  8. Peoples Budget • Outreach to community residents and Phase 1 organization to invite them to submit a proposal for a project. Phase 2 • Provide Technical Assistance and Resources to applicants. Phase 3 Proposals are due September 14, 2014 Phase 4 8 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  9. Peoples Budget • Organizing 3 Community Project Expos. Phase 1 • Phase 2 Set Election date. Phase 3 • Community residents vote on proposed projects. Phase 4 9 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  10. Peoples Budget • Announce projects that were chosen to Phase 1 receive TIF funds. Phase 2 • Work with Alderman and Department Housing and Economic Development to Phase 3 oversee project implementation. Phase 4 10 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

  11. If you are interested please take an application. Carefully review the application, answer all questions and attach all supplemental material. Incomplete applications will NOT be reviewed. The deadline for application submission via mail or email is: September 14, 2014 at 5:00 p.m. If you have any questions please call Caro at 773-276-2194 11 BLOCKS TOGETHER - PEOPLES BUDGET INITIATVE | CREATED 08/13/2014

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