Bloomington’s proposed annexation plan will be getting scrutiny from a financial consultant hired by Monroe County.
At their weekly meeting on Wednesday, county commissioners approved an agreement with Baker Tilly US, for “review and analysis of the city of Bloomington’s annexation fiscal plan.”
The not-to-exceed amount for Baker Tilly’s work for the county is $50,000.
The Baker Tilly report will give county officials their own projections, independent of the city’s, for the impact of annexation on county government revenues.
Cockerill told commissioners that the expected timeline is 45 days for Baker Tilly to complete the work of reviewing and checking the fiscal analysis. That would put the county’s own analysis in hand by around mid-July.
Bloomington’s timeline for annexation calls for public hearings on August 4, with city council votes to come in September.
The eight different areas that are being considered for annexation would add 9,255 acres to Bloomington’s land area and an estimated 14,377 people to the city’s population.
On Wednesday, city officials confirmed that one of the parcels owned by Cook Group, which was shown in city maps as included in the territory to be annexed, should not have been included. That’s based on the $1.5 million payment-in-lieu-of-annexation agreement approved by the city council in 2017. Continue reading “Bloomington’s planned annexation: County hires own consultant, city clarifies map”