Comments on: DeKalb’s IMRF Contributions and Their Budget Impacts http://www.citybarbs.com/2012/12/05/dekalbs-imrf-contributions-and-their-budget-impacts/ Growing Pains in DeKalb, Illinois, USA Thu, 16 May 2013 21:46:02 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: yinn http://www.citybarbs.com/2012/12/05/dekalbs-imrf-contributions-and-their-budget-impacts/comment-page-1/#comment-116127 yinn Mon, 10 Dec 2012 13:18:55 +0000 http://www.citybarbs.com/?p=14376#comment-116127 I agree it would be interesting to find out if the pattern repeated for other communities during this period of time: battling out of the 911 recession, enjoying the increased property tax revenues that the housing boom brought, then hitting and coping with the Great Recession.

Did any communities learn the lesson that, in general, austerity is for the boom times? We need to tuck away a little something because we don’t always know when the bad times are coming or how bad they’ll be.

DeKalb seems to be back to grabbing the gusto. Hope they get a clue before our population dips under 40,000. What with NIU pulling away to become its own island and the agonizing end of the housing industry in sight, DeKalb could very well become a ghost of its former self in a few short years.

]]> By: Mac McIntyre http://www.citybarbs.com/2012/12/05/dekalbs-imrf-contributions-and-their-budget-impacts/comment-page-1/#comment-116126 Mac McIntyre Mon, 10 Dec 2012 11:27:03 +0000 http://www.citybarbs.com/?p=14376#comment-116126 It would be interesting to see if other communities had a similar spike. Speaking of spike, it sure looks like someone(s) were taken care of during the construction boom years.

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