Signs urging people to raise their fire protection district taxes in Algonquin and Lake in the Hills appear to be paid for by the Firefighters Union.
Campaigning at early voting in Lake in the Hills Monday was an excellent opportunity for Lying Jack Franks to demonstrate his “tax fighting” talent.
You see, voters in Algonquin and Lake in the Hills have a tax hike referendum on the ballot.
Here is what will be on the ballot:
Shall the Algonquin-Lake in the Hills Fire Protection District, Kane and McHenry Counties, Illinois, be authorized to levy a new tax for emergency and rescue crews and equipment purposes and have an additional tax of .10% of the equalized assessed value of the taxable property therein extended for such purposes?
10 cents per $100 of assessed valuation.
The Algonquin-Lake in the Hills Fire Protection District developed a source of income that was declared illegal by the courts.
They required all businesses to wire themselves to the Fire Protection District, instead of to a private security company.
That brought in a fair amount of money (over $400,000 a year) that the Fire Protection District apparently built into its budget.
Now the Districts want property taxpayers to step up to the plate.
And where is the man who advertises himself a “Tax Fighter?”
Jack Franks, Tax Fighter, has a sign next to a Hillary for Prison sign.
Missing in action as far as homeowners go.
Perhaps the campaign contributions from firefighter unions explains Franks’ tucking his head into the sand.
Cal, look at the NWH local news.
LITH President story.
Opps!!!!
Has Walkup said anything?
Jacko is the one CLAIMING to
CUT 10 & being the BIG
TAX FIGHTER.
That is what bought and paid for
Career politicians do, TALK and
Make EMPTY PROMISES to get elected.
Mike Walkup is not promoting that every single property taxing district in the county cut its property taxes by 10%.
Jack Franks is promoting that every single property taxing district in the county cut its property taxes by 10%.
But Jack Franks refuses to deliver his plan to do so until after the election.
++++++++++
The “Cut 10 Committee” is a “ballot initiative committee” with a purpose “To pass a state wide referendum requiring all taxing bodies to reduce their tax levy by 10%.”
The Cut 10 Committee was created August 26, 2016.
The Chair of the Cut 10 Committee is Steve Kling who is a Principal at Colliers International, which is a large publicly traded commercial real estate company.
Steve Kling and his wife have contributed $113,250 to Jack Franks PACs.
Steve Kling’s parents have contributed $8,050 to Jack Franks PACs.
The family is originally from Marengo.
Wait – Walkup isn’t claiming to be a tax fighter?
Look, I’ve been clear that I’m no fan of either candidate.
I just don’t understand why Franks is expected to say something about this, but not Walkup.
Walkup is not claiming he will cut property taxes by 10%.
The Algonquin Lake in the Hills Fire Protection District has an unfunded pension liability that increased 8 or 9 years from 2005 – 2014.
2014 is the most recent data available in the Illinois Department of Insurance, Public Pension Division, 2015 Biennial Report (covering years 2013 – 2014), released October 1, 2015.
More recent data would be available in the financial statements of the fire protection district.
++++++++
Unfunded Pension Liability History for Algonquin Lake in the Hills Fire Protection District:
2014 – 5,375,018
2013 – 4,547,974
2012 – 5,124,582
2011 – 4,699,806
2010 – 4,689,815
2009 – 4,769,598
2008 – 3,189,543
2007 – 2,169,098
2006 – 1,496,668
2005 – 1,122,804
Dates are as of April 300 for the year listed.
+++++++++++
Things that can cause the unfunded liability to increase:
– Passing legislative benefit hikes without a revenue increase to cover the hiked costs (unfunded mandate)
– Divert pension funding to salary hikes
– Divert pension funding to benefit hikes
– etc.