Why doesn’t Bloomington just TIF the whole City?
By: Diane Benjamin Bloomington already has three TIF districts. As of 4/30/23 the Downtown Southwest TIF has produced no private investment. https://files.illinoiscomptroller.gov/LocGovTIF/FY2023/06402530/23TIF06402530Downtown_outhwest_1.pdf The other 2 TIF’s have spurred private investment, see PDF page 10 of both reports. East Washington: https://files.illinoiscomptroller.gov/LocGovTIF/FY2023/06402530/23TIF06402530Downtown_n_Street_1.pdf Empire Street: https://files.illinoiscomptroller.gov/LocGovTIF/FY2023/06402530/23TIF06402530Empire_StCorridor_1.pdf Tonight is a Public Hearing on creating a 4th TIF that covers […]
