By: Diane Benjamin Source: https://files.illinoiscomptroller.gov/LocGovTIF/FY2023/06409531/23TIF06409531Downtown_volpment_1.pdf Page 1 states the TIF was formed on 5/5/2003. Now see page 11. Why did the Town of Normal use 1999? The TIF wasn’t active in 1999, was this to make the return on investment look better? What private or public investment took place between 11/1/99 and 5/4/2003 that shouldn’t […]
By: Diane Benjamin Tonight’s packet: http://bloomingtonil.iqm2.com/Citizens/FileOpen.aspx?Type=1&ID=1162&Inline=True Take a trip down memory lane to 2017: https://www.cityblm.org/home/showpublisheddocument/9854/636130888246430000 That link is to the proposed 2017 budget. PDF page 19 shows the General Fund including the percent held in reserves. The City planned to collect and spend $104,794,506. The RESERVES percent of the General Fund was 12.87%. Jump to […]
