By: Diane Benjamin Downtown Southwest 19TIF06402530Downtown_outhwest_1 This TIF was started in 2016. It shows it’s first income of $1,552. Expenses to date charged to the TIF have produced a negative fund balance of 119,273. Since only $21,713 has been spent according to the report – sidewalks – the negative balance is likely caused by something […]
By: Diane Benjamin At last night’s Bloomington City Council meeting subsidizing rent in the renovated old Junior High on E Washington was approved. The subsidy will be coming from the General Fund, not TIF income. The amount approved was $228,720 over 10 years. Economic Development Coordinator Austin Grammer stated the Comprehensive Plan calls for affordable housing […]
By: Diane Benjamin Joni Painter was absent last night, so Ward 5 wasn’t represented. There was no presentation last night on employee compensation. HR is going to want around $20,000 to study more. Alderman Mathy used common sense when he asked where ending Sick Leave Buy Back is. It is nowhere. He also asked why […]
