Dear City of Racine Alderpersons,
The City of Racine Independently Audited Financial Report for year
ending 2016 reports that TID 17 is already failing and that Taxpayers
must bail it out for a cost of $26,408. Worse yet is TID 18 – aka
Machinery Row, 2016 shortfall was $7,151,988, then TID 16, aka Uptown I ,
whose 2016 shortfall was $278,442, while TID 19, aka Uptown II, had a
2016 shortfall of $52,074.
Shame - Shame - Shame.
Tim & Cindy