Readers have been analyzing the McHenry County Board’s property tax levy vote.
Here’s what Swampbuggy found:
That is correct Casey.
Most of the tax was just abated so it doesn’t limit the county under the tax cap for future increases.
Furthermore, about 90% of that was “windfall”, ie, money that was coming off anyway because the county was no longer paying off a bond (5 to 6 Million per year), was able to take the Valley Hi levy off the books for one year without losing the levy authority (over 2 Million), and savings at the Mental Health Board (500K) due to past reform efforts and new appointments to the MHB by previous County Boards.
Other savings occurred because of long running efforts by elected officials and department heads to take advantage of technology or otherwise clean house from their predecessors (250K Sheriff, 150K Clerk of Court, 100K I.T. Dept., plus new Recorder and savings by Coroner).
Virtually none of the 11.2% property tax reduction was due to efforts of the current Board or Chairman.
However, the county is now looking at having to spend another 5 Million per year over 5 years for work on the courthouse complex so that will go right back on unless other funding sources and/or savings can be found.
That and the Valley Hi levy will have to be taken again as it can only be skipped in alternate years. So you are looking at a 7.5 Million increase for next year.
Kick the can anyone?