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Serving DeKalb County since 1879
Tuesday, January 29, 2013
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DeKalb spends $46K to study possible TIFs By DAVID THOMAS dthomas@shawmedia.com DeKALB – DeKalb aldermen voted unanimously to hire PGAV Architects at the cost of $46,000 to explore the feasibility of creating new tax increment financing districts along South Fourth Street and 2131-2211 Sycamore Road. The two areas were previously identified in a preliminary report as being qualified
for a special tax mechanism that local governments use to encourage development. City Manager Mark Biernacki said he will have a better idea in a month in regards to the timeline for the TIF creation process. A number of aldermen, including Tom Teresinski and Dave Baker of the 2nd and 6th Wards, respectively, spoke to the need of creating TIF districts in these areas.
“It’s been long-awaited,” Baker said. Once the districts are created, the city should transfer money from the two current districts in order to jump start the others, Teresinski said. City officials are able to do this if the districts are adjacent. TIF districts freeze property taxes at a base level for 23 years. As the property values increase, the difference be-
tween the base and the property taxes are captured in a special fund that can be used for economic and public improvements. The city already has two districts, one located south of Lincoln Highway, stopping at Taylor Street. The other district encompasses areas between Sycamore Road and Lincoln Highway. The lifespan of a district can be extended by another
12 years through action from the General Assembly. Once it expires, it is gone forever – including any money left in the accounts. Nine other local governments would find their property tax revenue limited if the TIF districts were created. However, the decision to create these districts rests with the council alone. Biernacki said a number of public hearings will be held in the coming
months. Former DeKalb Mayor Bessie Chronopoulos said she supported creating the districts to give the area a muchneeded boost, but she hoped the city remained transparent throughout the process. In past meetings, Chronopoulos has voiced concerns about the transparency of other public bodies.
See CITY COUNCIL, page A5
IRS will start accepting returns Wednesday
Preparing for the
By DAVID THOMAS
taxman
dthomas@shawmedia.com
Kyle Bursaw – kbursaw@shawmedia.com
John Saponari files through some documents while working on tax returns for clients Maria and Jose Secena.
Kyle Bursaw – kbursaw@shawmedia.com
DeKALB – Whether a person is filing their own taxes or having them prepared by a professional, Bernie Boona recommended having all of the necessary paperwork on hand. “It’s easier to file when you have everything,” said Boona, the owner of Accounting For Your Success, 1958 Aberdeen Court, Suite 2, in Sycamore. “You can’t do part of your return and then come back and finish it later.” That paperwork can include any forms or letters from a person’s employer or college, or from the Internal Revenue Service. Anything that might be necessary, he said, also recommending having last year’s income tax bill on hand. Outside of minor changes in deduction and credit amounts and a rule change in the Earned Income Tax Credit, very little has changed in this year’s tax code, local experts said. The only thing that’s frustrating local agencies is the IRS delaying the release of certain forms. Starting Wednesday, the vast majority of Americans will be able to file their tax returns. The reason for the delay came from the last-minute negotiations over the “fiscal cliff” – a series of tax increases and spending cuts that were set to occur at the start of 2013 – the IRS had to update its forms and software before it could begin accepting returns. The delay has been a problem for local tax preparers such as C.L. Albertson, the owner of Lalley Accounting Service, 231 S. Second St., Suite 1, in DeKalb. Albertson said he wasn’t able to download forms from the IRS website until a few days ago. “I’m expecting a lot more extensions this year than in previous years,” Albertson said.
See TAX TIME, page A5
John Saponari, the franchise general manager at Jackson Hewitt in DeKalb, finishes up tax returns thursday for clients Maria and Jose Secena on Thursday.
Immigration overhaul? GOP, Democratic senators vow action By ERICA WERNER The Associated Press
WASHINGTON – Side by side, leading Democratic and Republican senators pledged Monday to propel far-reaching immigration legislation through the Senate by summer providing a possible path to citizenship for an estimated 11 million people now in the U.S. illegally. The senators acknowledged pitfalls that have doomed such efforts in the past, but they suggested that November’s elections – with Hispanics voting heavily for President Barack Obama and other Democrats –
could make this time different. Passage of the emotionally charged legislation by the Democratic-controlled Senate is far from assured, and a taller hurdle could come later in the House, which is dominated by conservative Republicans who’ve shown little interest in immigration overhaul. Obama will lay out his own proposals today, most of which mirror the Senate plans. Besides the citizenship provision, including new qualifications, the Senate measure would increase border security, allow more temporary workers to stay and crack down on employers who would hire illegal
immigrants. The plans are still short on detail, and all the senators conceded that months of tedious and politically treacherous negotiations lie ahead. But with a re-elected Obama pledging his commitment, the lawmakers argued that six years after the last sustained congressional effort at an immigration overhaul came up short in the Senate, chances for approval this year are much better. “Other bipartisan groups of senators have stood in the same spot before, trumpeting similar proposals,” said Sen. Charles Schumer, D-N.Y. “But we believe this will be the year
Congress finally gets it done. The politics on this issue have been turned upside down,” Schumer said, arguing that polls show more support than ever for immigration changes and political risk in opposing it. “Elections. Elections,” said Sen. John McCain, R-Ariz. “The Republican Party is losing the support of our Hispanic citizens. And we realize that there are many issues on which AP photo we think we are in agreement with our Hispanic citizens, but Sen. John McCain, R-Ariz. (left) and Sen. Charles Schumer, D-N.Y. confer this is a pre-eminent issue with as they and other leading senators announce that they have reached agreement on the principles of sweeping legislation to rewrite the those citizens.”
See IMMIGRATION, page A5
nation’s immigration laws Monday during a news conference at the Capitol in Washington.
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