Will Janesville Post Delinquent Developers Names On The Web?

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For years Janesville taxpayers helped private developers skirt the free market banking and loan system by underwriting loans to pay for development infrastructure improvements. Few people thought it was wrong - except me of course. But now it's come home to roost as the city finds itself in a $3 million hole. Oftentimes billed as a public/private partnership, Janesville taxpayers have suddenly found ourselves without a partner when it came time to help share in the losses.

Excerpt:
The amount delinquent on the lots is about $1.77 million, with additional amounts owing, but not due, of $1.15 million. Of the $2.92 million total, about 65 percent is owed to the general fund, 18 percent to the water utility and 16.5 percent to the wastewater utility.

So the question is: will the City of Janesville take the same kind of pro-active approach the state has taken with delinquent taxpayers and post the identities of the delinquent developers on a dedicated page on the internet? Why not? The state now posts the names of delinquent taxpayers who owe $5,000 or more. Janesville taxpayers deserve to know exactly who failed to keep their end of a bargain that will eventually cost us $3 million. We should also have the duty to warn others so this won't happen to another unsuspecting lender.