By: Diane Benjamin The below are screen shots from the Illinois Comptroller’s website. Bloomington data is from 4/30 of 2019, 2020, and 2021. Normal is from 3/31 of the same years. To see the data yourself, start here: https://illinoiscomptroller.gov/financial-data/local-government-division/local-government-data/ From Select Report Name choose Annual Financial Report. Type the government unit you want to see. […]
by: Diane Benjamin As reported in the Chicago Tribune: http://www.chicagotribune.com/chi-government-entities-lost-tens-of-millions-imet-investment-20150410-htmlstory.html The Illinois Metropolitan Investment Fund — which invests public money on behalf of municipalities, pension funds and local government boards — revealed in October that it had lost more than $50 million after investing in loans now at the center of a federal criminal investigation. […]
Have you ever wondered what investments politicians have made using teachers’ retirement savings? If you haven’t, you should be interested. That’s because the politicians want the state government, and by extension, your tax dollars, to financially guarantee the state pension funds in case they run out of money for government worker retirements. So just what […]
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