Local School Finances – How to Probe

Crack researcher Susan Handelsmann of rural Woodstock has put together a “how to” piece about figuring out what your school board has done with school finances. It is presented below for McHenry Grade School District 15, but can be adapted … Continue reading

Views of the Woodstock School District Prompted by the Lakewood TIF Proposal

From reader Susan.  Facts about the Woodstock School District which she extracted from the Official Statement of 2014 General Obligation Bonds issued by D200. Numbers are worse in Woodstock CUSD 200. This is where Lakewood will insert the children of the … Continue reading

Have You Missed the Articles on the Conservation District Tax Hike?

OK.  The holidays are over and it’s time to think about protecting your pocket book so you can pay Christmas bills now and in the future. This spring the McHenry County Conservation District sought permission to raise taxes from the … Continue reading

MCCD Admits Tax Hike Bill “Expands the District’s Authority to Incur Additional Debt”

Those who don’t read the comments under articles often miss a great expansion of the information available on the subject. Take, for example, the articles on Pam Althoff’s, Karen McConnaughay’s and Mike Tryon’s Senate Bill 3341. That’s the bill that allows … Continue reading

Althoff Defends Conservation District Tax Hike Bill

Commentary from State Senator Pam Althoff: Senate Bill 3341 gives McHenry County Conservation District more budget flexibility Improving fiscal management in Illinois has always been a top priority for me. I continue to fight for long-term budget solutions and sound … Continue reading

Still Time to Ask Quinn to Veto the MCCD Tax Hike Bill

Friend of McHenry County Blog Susan Handelsman gave me permission to reprint this recent letter of hers to the Northwest Herald: I feel like identity thieves pulled a cash-out refinancing of my home and took the cash for themselves. I will … Continue reading

My Email to Pat Quinn about the Althoff-Tryon Tax Hike Bill

Pat – I am requesting that you veto Senate Bill 3341, sponsored by McHenry County legislators Pam Althoff and Mike Tryon. Currently the McHenry County Conservation District is not allowed to sell bonds without a referendum. This bill will give … Continue reading

Tobin’s Group Calls for Veto of Althoff-Tryon Tax Hike Bill

A press release from Jim Tobin: Taxpayers Demand Gov. Quinn Veto Property Tax Theft Before recently defeated Gov. Pat Quinn (D) leaves office, taxpayers urge that he veto SB 3341, a bill that passed through the state legislature December 3 … Continue reading

County Board Eliminates Chance of MCCD Bond Bill Opposition

When the McHenry County Conservation District was actively promoting its two tax hike bills, it asked the McHenry County Board for its endorsement of them. Articles on this attempt to raise McHenry County real estate taxes below include one about … Continue reading

Roll Call for Bill to Allow Conservation District to Issue More Non-Referendum Bonds

The House roll call for SB 3341 has now been posted on the Illinois General Assembly web site. You can see it below: Those voting for the bill who represent part of McHenry County are Sponsor Mike Tryon Tim Schmitz, … Continue reading

Tryon Moves Conservation District Tax Hike Bill Out of Committee

On a 9-1 vote, McHenry County State Rep. Mike Tryon has moved Senate Bill 3341, the bill to allow the McHenry County Conservation District to borrow money without a referendum, from the House Revenue Committee. That will, of course, lead … Continue reading

County Seeking Million Dollar Savings in Debt Refinancing

The McHenry County Finance Committee received a proposal to refinance outstanding debt this week. BMO Harris representative Eric Anderson make the presentation. That bank will get the biggest payment for the deal. Refinancing these debt certificates is a lot like refinancing … Continue reading

Moody’s Downgrades Conservation District’s Credit Worthiness

I’m not aware of any intention of the McHenry County Conservation District to borrow any more money if it doesn’t get new permission to issue non-referendum debt through state legislation. Certainly, such an attempt was made this year, but, after … Continue reading