Bloomington’s Short Meeting

By: Diane Benjamin Everyone but Tim Gleason managed to show at last night. Gleason might have been attending another meeting. Jenna Kearns: Just stay seated during the Pledge of Allegiance. You would look like less of a hypocrite: The upcoming presentation for downtown wasn’t mentioned, supposedly the room in the Government Center will be done. […]

Normal’s Police pension funding

By: Diane Benjamin Police pensions are not well funded in Normal: https://illinoiscomptroller.gov/constituent-services/local-government/local-government-warehouse/processsearchresults/?DisplayMode=GETAFR&AFRDesiredData=Pension%20Funds%20/%20Retirement%20Benefits&Code=064/095/31&CFY=2022&Menu=Yes&PrintIt=No Fire Department pensions are a least over 50% funded, the rest have pensions funded at OVER 100%. Pam Reece will be fine, public safety personnel might not. Even with a dismal percent funded, Koos is going to reappoint a current member: Of course […]

Lots of Bloomington numbers you need to see

By:  Diane Benjamin Tomorrow night the City of Bloomington is finally going to release the financial statements for the year that ended SEVEN months ago.  The only reason they are releasing them is because the data is already available on the Comptroller’s website. Interesting reporting: The previous year they reported this: Population is dropping while […]

More spiking and other bills

By:  Diane Benjamin Bills and Payroll for 6/11/2018   http://www.cityblm.org/Home/ShowDocument?id=18004 More Pension Spiking! 1200 hours of paid time @ $44.85 per hour.  The second one doesn’t list the hours. More vote-buying with your money.  They call it Community Relations to sound nice. Is Code Enforcement being outsourced now?  Anybody want to FOIA? Huge Petty Cash at the BCPA has […]

City of Bloomington: Finances

From page 179 of the Annual Financial Report: Debt per Capita (Citizen) 2012   $1,307.07 2011   $ 1,214.69 2010  $ 1,276.32 Finances getting better?  Yes, but at who’s expense? From page 180: General Bond Debt In 2003 bond Debt Outstanding per Capita  $ 325.60 In 2012 bond Debt Outstanding per Capita   $ 887.16 It […]