Bloomington Pensions-they can always raise taxes

 

 

 

 

The annual required payment wasn’t ever enough to adequately fund pensions.  Obviously making even the required payment wasn’t a priority. Most of the City Council voted YES on budgets knowing pensions weren’t funded.  Now they want to raise gas and/or  utility taxes because they couldn’t find cuts in the $169,000,000 budget for pensions.  Finances always look better when pensions aren’t funded!  

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