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This story is about debt, specifically Town of Normal debt; what’s healthy and what’s not. It’s a campaign issue in this year’s mayoral and city council contests.
The Town of Normal has about $81 million in bonded debt. But is that a healthy or unhealthy level of debt? I think there is a healthy level. I think we are past it, said Marc Tiritilli, who is challenging Mayor Chris Koos in the April 6 election for the second time.
Incumbents in the council and mayoral races in Normal maintain the debt level is healthy. Koos said you don t have to take his word for it.
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