By: Diane Benjamin A non-profit called Truth In Accounting rated every state in a report called Financial State of the States: Top and bottom states: . Indiana, Iowa, Wisconsin, and Missouri all received a “B” rating. Illinois got an “F”. A “B” rating means those states have a budget surplus. An “F” means an unbalanced […]
By: Diane Benjamin Try not to laugh while reading this. After all Krystle Able is an elected Democrat on the McLean County Board. She also wants to be Normal’s Township Supervisor earning close to $90,000 a year before benefits if she’s elected April 1st. She posted this on Facebook. If she didn’t want people to […]
From Truth in Accounting – each of you owes $49,500 because the wrong Constitutional Amendment is on the ballot. Fixing unfunded pension liability isn’t as important as giving unions more taxing power. Vote NO to Amendment 1 and NO to the people who did this to you:
By: Diane Benjamin Below are the same charts I used in the Bloomington Debt story: https://blnnews.com/2019/12/31/bloomington-debt-2/ Liabilities – Government Activities – Due beyond one year: Source 3/31/19 – $183,410,936 3/31/18 – $171,607,747 3/31/17 – 173,618,828 As of March 31, 2019 Source IMRF pension liability : $ 20,832,186 Police pension liability; $ 35,840,310 Fire pension […]
By: Diane Benjamin The charts below are from the Illinois Comptroller’s office – this is information Bloomington reported to them. Government Activity is the column to look at, especially liabilities due beyond one year. Since it is hard to read: Source: Liabilities 2018 – $221,260,896 2017 – $198,984,845 2016 – $216,297,608 What is this HUGE […]
By: Diane Benjamin Below are all the people who filed for County offices. The ones in red boxes will be on the primary ballot, evidently retiring dem party chair Erik Rankin couldn’t stop leftists from competing to see who can be the most extreme. 2 races will have democrat primaries, only one republican. I wonder […]
By: Diane Benjamin The Town of Normal has to pay into three pension funds: IMRF, Police, and Fire. The funding for IMRF isn’t horrible, Police and Fire are. What does that say about who the Town management and Council respect and who they don’t? I’m sure you remember property taxes being raised year after year […]
By: Diane Benjamin It looks like Bloomington has to be destroyed by government spending before people realize local elections matter. Or, maybe only the people who can’t move will be left paying the bills which are about to get much bigger. Monday night the Bloomington will see the results of doing “Wants” before Needs. MANY […]
By: Diane Benjamin Tuesday night the Normal Council will accept the audited financial statements. Once again, required disclosures are not included See page 82: http://www.normal.org/ArchiveCenter/ViewFile/Item/2708. The Government Accounting Standards Board issued a statement in June of 2015 requiring the disclosure of future liabilities for post-employment benefits (healthcare). Since the financial statements being released are as […]
by Diane Benjamin A few years, the City of Bloomington was found to be over-paying for insurance – as much as $1.5 million per year! Then mayor, Steve Stockton, and City Manager Tom Hamilton were on the board of RimCo, the company getting all your tax dollars. Where was the multi-part Pantagraph investigation? Did the […]
U.S. NATIONAL DEBT CLOCK The Outstanding Public Debt as of 17 Jul 2013 at 01:37:56 PM GMT is: The estimated population of the United States is 316,266,399 so each citizen’s share of this debt is $52,936.52. The National Debt has continued to increase an average of $2.33 billion per day since September 30, 2012! Concerned? Then tell Congress and the White […]
