As we look at the number and the decline of inner cities productivity, specifically speaking in Chicago, you can’t help but ask the question how can these racialized disparities, that have been grandfathered into policies, procedures and implementation be addressed, or at least a formulation of procedure that can level the playing field that reflects the evolutionary legal framework to meet the diverse economic resource development needs of many different cultures and ethnicities, as well as the rebirth of Chicago isolated neighborhoods like Englewood, Roseland, and Pilsen have an opportunity to compete with the Hyde Park, Lincoln Park, and Logan Square?
Illinois adopted the once known as Tax Allocation Re-development Act in 1985. This act …show more content…
From the appropriate use of the funds as an economic development tool, to the effectiveness, efficiency, and equity aspect of the program as a whole. Effectiveness as in the criteria to judge whether and to what extent the program is actually achieving the overall objective of increasing development. Efficiency in terms of the benefits achieved through TIF funding in terms of revenue growth outweigh the cost associated with the implementation of the TIF. Finally, equity is commonly used to evaluate whether one group of taxpayers benefits from the TIF at the expense of other groups or whether government policy creates an inequitable tax treatment for some communities’ residents or business (Man …show more content…
A formalization of principles and promotion of managers striving to increase performance and efficiency. Taylor’s method revolved around the use of specific staff to create the fastest, most efficient and least fatiguing production method. These council members will adapt this principle of management. First, by replacing traditional, rule of thumb methods of work accomplishment with systematic, more scientific methods of measuring and managing individual work elements. Second, the use of the scientific study of the selection and sequential development of workers to ensure optimal placement of workers into work roles. Third, obtaining the cooperation of the workers to ensure full application of the principles. Finally, establishing logical division within work roles and responsibilities between workers and management (Shafritz, 222). This clarification between the two entities are for organizational development and gives an accountable backing to local council people. “All organizations are guided by a doctrine of management that reflects the basic values of the cultural environment” (Shafritz, 238). Without proper management this program is sure to fall, and with Chicago imprisonment record with corruption, mismanagement of TIF will add another distinguished political official to that roster. The group dynamic here can be complex due to the players and basic formalized process of these elected
Illinois adopted the once known as Tax Allocation Re-development Act in 1985. This act …show more content…
From the appropriate use of the funds as an economic development tool, to the effectiveness, efficiency, and equity aspect of the program as a whole. Effectiveness as in the criteria to judge whether and to what extent the program is actually achieving the overall objective of increasing development. Efficiency in terms of the benefits achieved through TIF funding in terms of revenue growth outweigh the cost associated with the implementation of the TIF. Finally, equity is commonly used to evaluate whether one group of taxpayers benefits from the TIF at the expense of other groups or whether government policy creates an inequitable tax treatment for some communities’ residents or business (Man …show more content…
A formalization of principles and promotion of managers striving to increase performance and efficiency. Taylor’s method revolved around the use of specific staff to create the fastest, most efficient and least fatiguing production method. These council members will adapt this principle of management. First, by replacing traditional, rule of thumb methods of work accomplishment with systematic, more scientific methods of measuring and managing individual work elements. Second, the use of the scientific study of the selection and sequential development of workers to ensure optimal placement of workers into work roles. Third, obtaining the cooperation of the workers to ensure full application of the principles. Finally, establishing logical division within work roles and responsibilities between workers and management (Shafritz, 222). This clarification between the two entities are for organizational development and gives an accountable backing to local council people. “All organizations are guided by a doctrine of management that reflects the basic values of the cultural environment” (Shafritz, 238). Without proper management this program is sure to fall, and with Chicago imprisonment record with corruption, mismanagement of TIF will add another distinguished political official to that roster. The group dynamic here can be complex due to the players and basic formalized process of these elected