By: Diane Benjamin
Bloomington is expecting to end this fiscal year with more than $37 million in General Fund Reserves. This is a huge increase compared to pre-Tim Gleason.
The $7 million is this years budget, next year $10 million is budgeted. Asphalt and Concrete is roads and sidewalks, not just roads.
Remember when the City borrowed $10 million for roads almost 10 years ago? Notice a huge improvement?
8 years ago then Public Works Director Jim Karch stated $80 million was needed to “catch up”. $9.5 million EVERY YEAR is needed to achieve a FAIR rating.
Bloomington hasn’t spent anywhere close to that almost every year since. Inflation has likely made that number around 40% higher.
Go to 1:22:10. Mollie Ward wants everyone to know the City increased the budget 43%.
Jump to 1:36:25. Deputy City Manager Billy Tyus recaps past spending on streets. He claims they hear the people. (Tim Gleason was not at this meeting) They sure weren’t listening when they only spent a few million dollars in other years.
Spending $10 million in FY 2024 is a huge improvement but it will hardly make a dent in roads that have been neglected for decades. Tyus claims they will be spending $60 million on streets. With inflation killing prices that won’t fix half of the roads.
Citizens will be getting a downtown streetscape. Is the Water Park opening for a few months this year? Of course you get a new library, try to ignore the streets to get there however.