Excess reserves and spending it
By: Diane Benjamin From the Monthly Financial Summary presented Monday night at the Bloomington City Council meeting: https://www.bloomingtonil.gov/home/showpublisheddocument/30491/638543232820130000 General Fund balance projected for the fiscal year ending 4/30/24: Don’t get excited about the City having almost $50 million in reserves. They’ve already spent around $15 million of it on buying the Owens property and paying […]
