Even the Journal Star gets it

From today’s Journal Star editorial:

You don’t need hindsight to appreciate that the locals are starting to get fed up with the city’s economic development practices, which include doling out substantial subsidies at the same time cops are being fired. In fact budgets say volumes about a community’s priorities. In fact the city’s debt service on its TIF districts has increased at double the rate of inflation during this decade, with potentially more to come through a hotel development Downtown. In fact City Hall’s history is rather checkered in picking subsidized winners and losers. In fact the council had ample forewarning that the MidTown Plaza TIF – which included the now-closed Cub Foods and a $450,000 bill for next year – was a dud; their own consultant told them so.

That’s just a taste — you really should read the whole editorial. Companion article: Main Street merchants struggle while waiting for action on revitalization plans.

It’s all about priorities. The city council didn’t bat an eye at raising taxes downtown to give a $39.5 million grant to a local developer to build a downtown hotel. But there are big cuts to police, road improvements, code enforcement, and snow removal, just to name a few things. In other words, risky economic development schemes that benefit a few people are a higher priority than basic services that benefit all. That’s not right, and it needs to change.

It seems everyone gets that except the Peoria City Council.