By: Diane Benjamin
Thanks to a reader who pointed this out to me! Around 1/3 of my stories are tips from readers, I REALLY appreciate it.
The below is from Book One Budget Document on the City Website: (including the spelling) http://www.cityblm.org/index.aspx?page=21&parent=8220
Note it’s 2016 – the year that ended 4/30/16
See Page 81:
The document also answers that question:
Ding Ding Ding:
That means the Normal is now stealing Hotel/Motel Taxes from Bloomington. Therefore, Tari wants an even newer hotel in his downtown to steal the taxes back!
That theory is so popular, Book 1 of the 2017 Budget says the same thing: FY 2017 Proposed Budget Book 1a See page 67.
Remember when professor-developer-mayor Renner stated downtown hotels “usually ” create their own markets? https://blnnews.com/2016/05/02/media-setting-you-up/
Obviously they haven’t here!
Since Hotel/Motor Tax is flat in Bloomington, that means the Bloomington hotels are being hurt by Normal’s foray into crony capitalism. How are the DoubleTree and Chateau doing? Is the City Council REALLY stupid enough to hurt existing businesses with more cronyism? Which one are you trying to put out of business Tari?
Now see page 52 of FY 2017:
I wonder if Giebelhausen’s investors know the hotel is to steal taxes?
One more thing you might not know:
Bloomington and Normal already share taxes received in the West side Enterprise Zone:
Maybe somebody should see how the sharing is going before falling for it again.
I’ve heard there are problems.