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City Council Approves $1.28M Budget for Stockyards Special Service Area #13

  • When: 2025/11/14
  • Address: Citywide, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: Economic Development Incentives
  • Subcategory: Special Improvement Districts
  • Asset Class: Commercial
  • Property Type: Industrial
  • Size (Dollars): $1,279,733

The Chicago City Council approved the 2026 budget for Special Service Area (SSA) #13, the Stockyards Industrial Park, authorizing a tax levy of $1,279,733. This levy, for the 2025 tax year, will fund a range of services from January 1, 2026, through December 31, 2026. The Back of the Yards Neighborhood Council will act as the Service Provider, overseeing a total budget of $1,889,079, which includes carryover funds and other income. Major allocations are directed towards Public Way Aesthetics ($805,591), Public Health and Safety Programs ($663,464), and Personnel ($175,848). The ordinance was passed following a recommendation from the Committee on Economic, Capital and Technology Development.

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