Do you know Normal’s Pension Funding Percents?

By: Diane Benjamin Just living in Illinois means citizens are required to fund pension without asking any questions. You should at least know how the funds are performing. Normal’s last year wasn’t great. These numbers are as of 3/31/2024 which is Normal’s year end. Illinois Municipal Retirement Fund (IMRF) will require higher contributions since it […]

Bloomington Pensions and more

By: Diane Benjamin 3 people spoke at Public Comment. The first two complained about noise effecting their homes. Neither was completely coherent, I have no idea what area of the city they were talking about. The third raved about Bloomington 101. The comments start at 3:36 is you want to interpret for me. Another guy […]

Too late Bloomington

By: Diane Benjamin The City of Bloomington’s year end was 4/30/2021. The financial statements have yet to be released. If they were a corporation with investors they would all be fired, but they are government so it’s fine. Luckily they also have to submit information to the Illinois Comptroller’s office. Bloomington’s information is available there! […]

Normal: Financial Trends report is immaterial

By: Diane Benjamin During Tuesday’s night Normal Town Council meeting much was made about the Financial Trends Reports and what a valuable tool it is. This year it isn’t. It recaps what happened from 4/1/2019 through 3/31/2020. Something happened around the time this report ends: Glance through the report. It contains little current information: http://normal.org/DocumentCenter/View/17189/Financial-Trend-and-Condition-Report-FY2019-20 […]