Normal: How much is being thrown away paying interest?

by: Diane Benjamin First a little history. From the Pantagraph How Time Flies 1/21/2020: Have your property taxes gone down? Responsible adults know being able to make the payments is not a good philosophy to live by. If you want to make the neighbors jealous by living in a mansion with two expensive vehicles parked […]

One reason your property taxes are high

By: Diane Benjamin The second installment of your property taxes are due on 9/17. The check you will be writing is higher because of many things, but a BIG one is Tax Increment Financing. TIF’s The Uptown TIF is Normal’s huge one. The 2020 comprehensive report isn’t available yet, so I have to use the […]

Normal: Financial Trends report is immaterial

By: Diane Benjamin During Tuesday’s night Normal Town Council meeting much was made about the Financial Trends Reports and what a valuable tool it is. This year it isn’t. It recaps what happened from 4/1/2019 through 3/31/2020. Something happened around the time this report ends: Glance through the report. It contains little current information: http://normal.org/DocumentCenter/View/17189/Financial-Trend-and-Condition-Report-FY2019-20 […]

Why Normal thinks their debt is fine

By:  Diane Benjamin Previous story based on the Budget Session documents:  https://blnnews.com/2020/01/28/normal-expect-property-tax-increases-to-continue/ It has always annoyed me when Koos and company claim Normal’s debt isn’t a problem.  They think it isn’t because they are NOT looking at the big picture, they only look at what payments will be required every year. They don’t care about […]