By: Diane Benjamin
I could write MANY stories about last night’s Bloomington Council meeting. I might write more, I might not.
I didn’t want you to miss this graphic:
Every citizen of Normal is in twice as much debt as those who live in Bloomington. That is why the end of the Uptown TIF is troublesome, somebody still has to pay the debt Koos rang up back. That is also why the payback period gets extended – Normal can’t afford the payments. That is also why your tax dollars will continue to be thrown away paying interest. Did Bloomington’s Finance Director do this slide to get Koos fired? Maybe they are sick of Chris’s war too! https://blnnews.com/2021/02/16/normal-publicly-announces-the-war-with-bloomington/
What this chart is missing is unfunded pension and post employment obligations. Bloomington has almost $158,000,000 and Normal has almost $96,000,000. Those number are from their last year end as reported to the Comptroller.
Last night Bloomington also approved paying Normal for use of recycling drop boxes. They shouldn’t. There is no market for containers as proved by the packed dropped box behind Walmart this morning. Mixed paper had some room, carboard had lots of room. Containers were spilling out with zero room to cram in more. Midwest Fiber obviously doesn’t want the stuff. My full garbage bag is going in the trash, maybe all of it from now on. McLean County should refuse to participate. There is no accountability by Midwest Fiber.