By: Diane Benjamin
I hope Tari’s handpicked stacked Downtown Bloomington Committee is having fun dreaming of how to spend your money. At the end of this month they will enlighten the public with ideas for getting people downtown. Just because somebody builds it, it doesn’t mean anybody will come. How many decades has taxpayer money been thrown away downtown?
If the business owners in downtown Bloomington cared about downtown, the taxpayers of Bloomington wouldn’t have to hand $90,000 a year to the Downtown Business Association. How many are dues paying members?
The $90,000 a year subsidy was meant to expire in 2011, 6 years later and they are still on the take. From 2014: https://blnnews.com/2014/05/27/another-90000-for-downtown-bloomington-assoc/
Search BlnNews.com for lots of other DBA stories.
How much Revenue has the DBA been reporting to the IRS? They are a non-profit. Remember $90,000 came from the City:
2015 Revenue: $120,888 Salaries: $59,409
2014 Revenue: $112,690 Salaries: $66,553
2013 Revenue: $117,120 Salaries: $63,260
2012 Revenue: $113,772 Salaries: $62,175
2011 Revenue: $142,814 Salaries: $56,104
2010 Revenue: $171,767 Salaries: $98,025
Note much higher revenue in 2010 and 2011 – right before the subsidies were scheduled to end!
As soon as the Council decided to continue funding the DBA revenue decreased. The DBA was given 10 years to achieve self-sufficiency. Their tax returns show they were getting close in 2010.
Government could have declared victory and reduced the subsidies. The Council snatched victory and handed defeat once again to taxpayers. Tari’s committee will do the same by having no clear vision for downtown. The bars make the City way too much money, so they aren’t going anywhere. Who will make major investments downtown when the nights belong to drunks?
Probably taxpayers – they are the only ones with money the City can steal.