Bloomington Tonight

By: Diane Benjamin

City is handing out ARPA money tonight – American Rescue Plan money is a driver of inflation. Handing out money that has to be borrowed/printed increases the money supply and therefore inflation.

There is nothing on the agenda for action other than the Consent Agenda. https://d3n9y02raazwpg.cloudfront.net/cityblm/2595281e-7d4f-11ed-9024-0050569183fa-791fe512-602c-4d20-98c8-ecdbbed39134-1688669950.pdf

There is a Public Hearing on spending CBDG funds. The City has planned how to spend the money – see PDF page 6.

Should be a long meeting!

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