Comparing City & Village Tax Takes

Yesterday, we took a look at what school districts requested to be collected last year and this year. Today we’ll look at municipalities. A number of McHenry County municipalities overlap into adjacent counties. If you see “McH only,” that is … Continue reading

Harvard Savings Bank Takes $18 Million Hit

Apparently, it is not just local municipalities that have lost money by investing in the Illinois Metropolitan Investment Fund. The Chicago Tribune reported yesterday that the Harvard Savings Bank “lost $18 million on the soured repurchase agreement. The article says … Continue reading

Algonquin, Cary, Crystal Lake, Huntley, Lake in the Hills, Woodstock and McHenry FPD Lose $2.4 Million

Saturday, I extracted the loses of McHenry County tax districts from the front page article in Sunday’s Chicago Tribune. As I was reminded by Pete Gonigam of The First Electric Newspaper, I missed Algonquin. His article from December 10, 2014, … Continue reading

Defenders To Talk Trash in Algonquin

A press release from the Environmental Defenders of McHenry County: Algonquin Talks Trash:  A COMMUNITY RECYCLING EVENT Algonquin, April 30, 2015: The Environmental Defenders of McHenry County and Teagen Andrews Commercial Recycling Program Advocate from Ecossential Solutions Inc. are hosting … Continue reading

Income Tax Revenue Sharing Loss Would Cost McHenry County Governments $16.9 Million

The McHenry County Council of Governments (McCOG) has calculated how much money each village and city in the county would lose in state subsides should Governor Bruce Rauner’s budget recommendations be enacted. The Govenror suggests cutting the subsidy in half. … Continue reading