Tag Archives: Federal stimulus funds

Stimulus money sought for “The Block”

As has been mentioned before, the museum group has two funding goals — a private funding goal and a public funding goal. The $40 million county tax is supposed to plug the public funding goal, but that will still leave the museum $11 million short on the private funding side. Whenever they’re asked about this at town hall meetings, the answer heretofore has been that the CEO Roundtable had committed to raising $8 million of the remaining money from private sources, and that the museum group is “confident” that they can raise the remaining $3 million not covered by that.

Now, it appears they’re trying to plug the private funding gap with (drum-roll, please) more public funds! Stimulus funds, to be exact. There was a press conference yesterday that featured state senator Dave Koehler and Illinois Secretary of Transportation Gary Hannig.

There might yet be additional state and federal money available for the $136 million Build the Block project, maybe enough to close the funding gap that would still exist even if voters approve the sales tax increase next week. At least that’s the hope of state Sen. David Koehler, D-Peoria. He said Monday he would try to help procure $4 million of federal economic stimulus money for an underground parking garage and an additional $10 million from a state capital bill to close the funding gap.

Isn’t that interesting? If we were to get, say, $14 million additional from state and federal sources, the plan is to use it to plug the private funding gap, not lower the local tax commitment. The reason the museum is coming to the county for funding is because they didn’t receive as much in federal/state funds as they originally thought they were going to get. Now that they’re possibly going to get more federal/state funding, it should go to reduce the local tax burden, not prop up private funding shortfalls.

Council Roundup 3/24/09 (Updated)

Some notable items from Tuesday’s council meeting:

  • First District Councilman Clyde Gulley voted with the majority of the council to give stimulus funds to a private not-for-profit organization in the third district instead of repairing sidewalks in the first district. Gulley is running unopposed on the April ballot to represent the first district for another term.
  • The council learned that tax revenues are down, resulting in a projected $2.5 million budget deficit. It could get worse next year. Naturally, the staff is looking to cut police officers and road repairs to make up the difference. They’re not talking about laying off any police officers — just not filling vacant positions. So public safety and public works will suffer, while private developers of the downtown Marriott will rake in $40 million in public money. Priorities, you know. Another vacant position they’re talking about not filling: city manager. This is their way of keeping Holling on indefinitely, contrary to the agreement that he would only be temporary until they could get a permanent replacement. They’re going to treat him as permanent, but continue calling him “interim” until some undetermined point in the distant future, evidently.
  • The sales tax just went up 1% within the boundaries of the Hospitality Improvement Zone downtown. These boundaries are very strange — I’m going to try to get a map from the city. Generally speaking — very generally — the HIZ is bounded by Kumpf, Fulton, Adams, and Fayette, but the actual boundary zigzags into alleys (active and vacated) and avoids certain blocks completely. Here’s the map:

    hizmapwithaerial1

    Nevertheless, if you go to a restaurant or bar within the HIZ boundaries, the sales tax on your meal/drinks will now be 11%. If the museum tax passes, it will be 11.25%. Meanwhile, over in Tazewell County right across the river, the sales tax is 8%.

Stimulus money should be used for infrastructure

I have to agree with Billy Dennis. The stimulus money Peoria received should be used to improve infrastructure, not put a new roof on a private organization — even a private organization as laudable as the Center for Prevention of Abuse.

The Center does wonderful work here in Peoria, and I don’t begrudge them asking for stimulus funds as it’s not easy to raise money, especially in the current economic climate. But they simply don’t take priority over improving infrastructure in South Peoria. The Center already has numerous benefits by virtue of its not-for-profit status. It doesn’t pay property taxes or sales taxes, and yet it wants tax money to help buy a new roof. Meanwhile, taxpayers in South Peoria continue to live with substandard basic services and have their needs put at the bottom of the list.

“After 23 years, it’s time to say, ‘let’s get this done,'” Martha Herm, executive director of The Center for Prevention of Abuse, was quoted as saying in the Journal Star. There are a couple problems with this statement. First, it assumes that the Center is somehow entitled to public funds; it’s not. Second, South Peoria has been ignored far longer than 23 years. If we’re going to base this merely on time spent waiting for public investment, South Peoria has everyone beat.