Tag: Long term debt

Written by Diane Benjamin - editor

Bloomington’s debt ISN’T the Coliseum!

By:  Diane Benjamin Yes, I know I posted this yesterday.  I wouldn’t be re-posting this picture if it wasn’t vital to understanding what is happening to Illinois. Government across Illinois exists for government employees. It does not exist to handle problems citizens can not handle themselves.  This is the proof: An overwhelming percent of the […]

Written by Diane Benjamin - editor

Why Bloomington can’t fix the roads

By:  Diane Benjamin The financial statements for Bloomington’s year ended 4/30/19 are finally being presented at Council Monday night:  https://www.cityblm.org/Home/ShowDocument?id=23337 The chart below shows the long term debt.   Why can’t the roads be fixed?  Because retired employees need paid.  OPEB is Other Post Employment Benefits.  Look closely at these numbers! PDF page 31 This chart […]