On Aug. 28, about three weeks from now, Bloomington’s city council will start a four-day slog through presentations from department heads, about their proposed budgets for 2024.

In 2023, Bloomington’s budget totaled about $129 million—that’s not counting the budget for city of Bloomington utilities (CBU) or Bloomington Transit.

In the past couple of weeks, the tax revenue picture has come into clearer focus.

Property tax revenue will go up by exactly 4 percent. Local income tax revenue will go up by about 3.64 percent. Continue reading “Bloomington 2024 budget notebook: Tax revenue” →