Attorney Tim Dwyer’s third attack on the Algonquin Township’s tax levies for bills paid this year follows is short:

ALGONQUIN TOWNSHIP FUND – EXCESSIVE ACCUMULATION

According to its own 2014 audit, prior to its levy for the Town Fund of $1,678,548, the Algonquin Township had $3,162,101 in liquid assets for the Town Fund.

The $3,162,101, coupled with the levy of $1,678,548 exceeds 2.6 times the annual three-year average expenditure of 1.8 million.

As such, the Town levy issued by the Township is invalid, excessive and illegal.

Therefore, the illegal rate of .085052 should be rebated to the Objectors.
WHEREFORE, Plaintiff Tax Protestors pray that this Court consider the matters raised herein, find, determine and otherwise adjudicate that the Township General Fund Levy adopted by Algonquin Township is illegal, void and excessive as a matter of law, order that the McHenry County Treasurer issue payments to the Tax Objector Plaintiffs of the entire amount taxed upon the Objectors by said Districts, and issue whatever further relief this Court deems just and equitable.