By: Diane Benjamin
I looked at the City website last night and no agenda was posted for the “special meeting”. It did announce the Committee of the Whole meeting was cancelled. No wonder nobody showed up for Public Comment! The “Special Meeting” agenda is posted now. Meetings that just happened are erased only to reappear later. (Their old system was MUCH better)
This is a meeting citizens need to watch. Start at 3:35, the vote is displayed at 50:11.
Things to note:
The Equalized Assessed Value of properties is up 6.86%.
Since Julie Emig is still out sick her ward wasn’t represented.
The library didn’t take out their construction bond before interest rates increased, so now citizens have to fund the higher debt payments.
City of Bloomington needs more money to fund pensions.
The massive reserves can’t be used to fund pensions because that would set a bad precedent. 🤐
Although the City tax rate would decrease slightly your property taxes will increase because of increased assessed value.
Your library taxes will also increase.
The slides presented refer to the TAX RATE over and over. The City doesn’t set the tax rate, they only set the levy. To deflect from the increases they want you to think the rate is going down.
You Will Pay More!
So much for affordable housing! Property taxes affect renters too.
Three aldermen voted against the increase: Montney, Becker, and Walsh. All three had clear reasons for not raising property taxes when citizens are already strained by inflation. The City revenues are up $4 million from the internet sales tax and cannabis taxes. That money has already been allocated in the budget, so it can’t be used.
Government thinks you are their piggy bank.
Pensions will never be reformed in Illinois. Those who won’t get 80% of their salary when they retire will pay for those who do. Gee, nobody in government understands why people move to states with equitable taxes. Many government retirees do though.