
$10M in reserves key to balancing 2025 Bloomington draft budget, but GO bonds unveiled as option
The proposed $145.4 million budget for 2025, which was released by Bloomington mayor Kerry Thomson last week, relies on $10 million in general fund reserves.
That’s a fact that is included, if not highlighted, in the 383-page budget book. Page 23 shows about $68.45 million in expenses