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Bloomington RDC adopts 2026 spending plan with major capital and debt-service items
Summary
The Redevelopment Commission approved its 2026 spending plan, which prioritizes capital expenditures and includes more than $9 million in bond debt-service payments and a $75,000 grant allocation with an added 15% professional fee line. The plan will be sent to the DLGF.
The City of Bloomington Redevelopment Commission on Nov. 17 approved its annual spending plan for 2026 and directed staff to file the document with the Department of Local Government Finance.
Treasurer (unnamed) told commissioners the plan allocates most spending to capital expenditures and includes "over $9,000,000 in bond debt service payments." The treasurer also said the…
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