Saving Sick Pay in McHenry Township

I was comparing liabilities to assets for township governments in McHenry County using the State Comptroller’s local government information.

The reason is that some opponents of allowing voters to abolish township government by referendum say that county government would have to absorb the liabilities of abolished township governments.

McHenry Township Supervisor Craig Adams greeted people at The Wall exhibit.

Considering the real estate owned by most township governments, that struck me as a bogus argument.

How much could the property on Route 14 where the Algonquin Township Hall and Road District building be sold for, for instance?

In any event, looking at what is reported to the State Comptroller, one can pretty quickly figure out that liabilities are not uniformly defined.

It is common knowledge, for example, that Dunham Township voters approved a million dollar bond issue to improve township roads a couple of years ago.

The Township Supervisor reported that $660,763 was still outstanding as of his 2017 report.

McHenry Township reported $64,486.

When I asked Craig Adams at The Wall exhibit Wednesday night, he thought it might be for some Highway Department equipment, but yesterday, he wrote,

“The $64,486 is an accrual for compensated absences.

“Employees are allowed to carryover 5 sick days total from year to year., ( Cannot keep more than 5 total sick days carryover in any year),

“This is what could be due if all the employees took all their carried over sick time in the same year.

“If employees leave our employ we do not pay them for unused sick time, it is just lost and then comes off our liabilities.”

What is interesting about this reported liability is that very few other townships made similar reports.


Comments

Saving Sick Pay in McHenry Township — 7 Comments

  1. For the townships of Algonquin, Nunda, and McHenry, all of their balance sheets are strong.

    Their net position ranges from $12 million to $15 million.

    Longterm debt is not a material issue.

    The IMRF pension funds are either close to or fully funded.

    The balance sheets pose no major restraint to a consolidation.

    In fact, duplicative vehicles/equipment/facilities/land could probably be sold off and the cash returned to the taxpayers in the form of an abatement.

  2. Adams has fattened off the dumb taxpayers.

    That’s for sure!

    Just another rip off.

    I’m so glad the Trustees cut that fatcat’s salary by $60,000.

  3. In 1998, Kodak had 170,000 employees and sold 85% of all photo paper
    worldwide. Within just a few years, their business model disappeared and they
    went bankrupt. Nobody needed them anymore.

    What happened to Kodak will happen to Illinois townships.

    People are waking up and realizing townships are useless and support pigs with high salaries to do zilch.

  4. As Adams pointed out at the meeting, the salary will not take effect until after his term is up in 2021.

  5. It figures Mr. Craig Adams, aka Pioneer Center ‘wiz’, aka ‘Where did I park my car?’ had no idea what the debit really was.

    He’s your typical township official, very knowledgeable about how he can game the corrupt system to grab more ‘low hanging fruit’ perks and pay for himself, yet clueless about the most basic matters of township business.

    Is he even literate?

Leave a Reply

Your email address will not be published. Required fields are marked *