Zoning Page

Management Agreement and $648,289 Tax Levy Approved for Greater Ravenswood Special Service Area #31

  • When: 2025/11/14
  • Address: Citywide, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: Economic Development Incentives
  • Subcategory: Special Improvement Districts
  • Asset Class: Mixed-Use
  • Size (Dollars): $648,289

The Chicago City Council has approved the 2026 scope of services, budget, and management agreement for Special Service Area (SSA) #31, encompassing the Greater Ravenswood neighborhood. This ordinance authorizes a property tax levy of $648,289 for the 2025 tax year to fund the SSA's 2026 operations. The Greater Ravenswood Chamber of Commerce NFP will continue to act as the designated Service Provider, managing the district's services and programs. The budget allocates funds towards customer attraction, public way aesthetics, sustainability initiatives, business development, and safety programs. The total projected budget for 2026, including the tax levy and other income sources like carryover funds and TIF rebates, amounts to $846,630. This approval formalizes the contractual relationship and appropriates the necessary funds for the ongoing enhancement of the commercial area.

Source

Applicant - Greater Ravenswood Chamber of Commerce NFP


Gene Wagendorf III