A press release from McHenry County Board Chairman candidate Mike Walkup:
Walkup Calls for 50% Tax Cut
County Board Member MICHAEL J. WALKUP, representing McHenry County Board District 3, has called for a Special Meeting of the County Board to consider and vote upon the following resolution [see below].
“There has been a growing problem with the excessive fund balance at Valley Hi Nursing Home, which has now grown to over $41 Million Dollars.
“This is clearly well beyond what is needed to offset any reasonable annual operating expenses at Valley Hi, which has operated on a close to break even basis for the past several years.
“Legal issues have also been raised regarding the legality of a governmental body retaining a fund which is now four times the annual operating budget, even assuming that no funds are received from any other sources,” said Board Member Walkup, who is also an attorney.
“My proposal, if acted upon by the full County Board, will allow the County to cut the county taxes by approximately 50% next year, giving our taxpayers a much needed break.
“McHenry County is currently in the TOP ONE PERCENT of all counties in the ENTIRE UNITED STATES in local property taxes. This is not the type of ‘one percente’” that our residents want to be.
“This measure will go a long way towards getting us out of the top one percent tax paying bracket, ” said Walkup.
RESOLUTION TO RETURN EXCESS VALLEY HI FUND TO TAXPAYERS
Whereas, the Valley Hi Nursing Home account has accumulated unconscionable surpluses, over $41 million currently;
Whereas, the McHenry County Board desires to distribute the excess accumulation to McHenry County taxpayers as expeditiously as possible;
Whereas, the Harrison Elementary School District 36 in Wonder Lake has just agreed to refund about $123,000 in illegally garnered property taxes from the 2014 tax year in a suit filed by attorney Timothy Dwyer on behalf of WKS Crystal Lake, LLC, et al;
Whereas, in that same tax year, the McHenry County Board levied $3 million in unneeded real estate taxes for the Valley Hi Nursing Home;
Whereas attorney Timothy Dwyer has filed a tax protest suit using the same arguments as he argued in the Harrison School District case on behalf of WKS Crystal Lake, LLC, et al, against the County of McHenry citing that Valley Hi levy, the Road & Bridge Fund, the Matching Fund and the Loss & Prevention Fund, that is, that they all have illegally excessive funds on hand;
Whereas, Valley Hi Nursing Home has an annual budget of $10-$11 million and – as a result of an efficient operation, results in any annual shortfall being no more than $500,000 to $1,000,000 because the nursing home receives Medicare and Medicaid funding as well as private pay and reimbursement for rehabilitation; ;
Now, therefore, be it resolved, that the McHenry County Board does instruct the Treasurer to transfer to from the Valley Hi Fund an amount not to exceed $35,000,000, to the County Operating Fund or such other fund as may be appropriate, leaving a balance of approximately $6,000,000, in the Valley Hi Fund, with the understanding that said amount will be returned to the taxpayers in the immediate subsequent tax year by way of a reduction in the County Tax Levy for that amount and will not be utilized by the County for any other purpose.