As many of you remember, School Count Corp and Archer Daniels Midland are taking part in helping the citizens of Washington, IL as they bounce back from the horrific tornado that hit their city on November 17th. I spent part of this past Friday in Washington and many positive things are taking place.
For one, there is a good deal of rebuilding taking place. On some streets I noticed that it appears as though two out of every three homes that were damaged or destroyed are being rebuilt. In other parts of the city that is not the case but, for the most part, rebuilding is progressing at a good clip.
The park district has some terrific plans in place to get the various parks repaired and up and running for the activities in the coming months. By next month I am certain these repairs will be visible and children will be out and about.
More good news. Originally, it was thought that the city of Washington might lose 30% to 40% of its taxable property for the coming year. In speaking with an official of the park district it now appears as though the city will only lose about 12% of its EAV. In other words, more revenue will come into Washington than originally anticipated. That is indeed good news.
I will keep you posted going forward.
Dick
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