Tag: pension expense

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 […]

Written by Diane Benjamin - editor

Dumping Dollars Downtown

By:  Diane Benjamin Downtown Bloomington is going to get more of your money tonight: Just at this one meeting the History Museum gets $145,000 (https://blnnews.com/2017/08/27/bloomington-supports-friends-with-your-money/ ) and the DBA doesn’t need to support itself.  You get 2 new employees with gold-plated benefits and pensions! Another $289,305 sucked out of your wallet!   See the DBA […]