By: Diane Benjamin Below is another sheet the participants at the Citizens Summit worked from. Although most of the questions show Normal has no idea what citizens think government should be – Question 5 is especially telling. The person who sent this page to me reported the entire table answered it: NOTHING! The table was […]
By: Diane Benjamin The Bloomington financial statements have the same debt table as Normal in this story: https://blnnews.com/2019/12/09/more-on-normals-credit-rating-and-debt/ PDF page 91: https://www.cityblm.org/home/showdocument?id=23337 The chart has a typo: the 2035-2029 probably should have been 2025-2029. $52,090,000 for bond payments and $11,576,172 for interest. The interest adds 22% to the total repayment. Don’t get too […]
By: Diane Benjamin Normal reported the same credit ratings in their financial statements that I reported in this story: https://blnnews.com/2019/12/07/moodys-normal-doesnt-have-a-aaa-credit-rating/ PDF page 33: https://normal.org/DocumentCenter/View/15625/CAFR19-FINAL-DOC What they failed to tell you is that Fitch is owned by a French company and is the smallest of the “Big Three” ratings companies. https://www.sapling.com/7319147/sp-moodys-fitch-ratings S&P doesn’t not have […]
Tale of two cities, of course you know which one is which. How much did each cost? I hope both know! . . . . . . .
By: Diane Benjamin Source: http://bloomingtonil.iqm2.com/Citizens/FileOpen.aspx?Type=1&ID=1051&Inline=True Does the highlighted name look familiar? https://blnnews.com/2019/11/04/bloomington-fireman-5-gets-off/ You might have missed the Edgar County Watchdogs version: https://edgarcountywatchdogs.com/2019/11/illinois-state-university-police-let-fireman-off-of-alleged-dui-due-to-his-employment/ The BCPA staff uses this building instead of the the BCPA offices. No event reports have been posted for the BCPA since my last FOIA. Citizens have no idea what happens in […]
By: Diane Benjamin Go to Moodys.com to see this information. You will have to sign in with Facebook or create an account. Remember I’ve mentioned Normal has a high credit rating because they aren’t afraid to tax? Moody’s confirms that: It is still a really good credit rating, but it isn’t AAA. I wonder where […]