Thursday, November 17, 2011

County Levy For Fiscal Year 2011-2012

Considerable discussion ensued Tuesday night at the meeting of the McHenry County Board. The touchy topic was the county budget which had to be approved along with the necessary document of an Appropriation Ordinance and an Ordinance providing for the Levy of Taxes.

Considerable discussion took place over the budget which shows a total amount expected to be expended for the coming year, December 1, 2011 through November 30, 2012, as $256,286,189. Likewise the same amount is identified in revenues expected or funds on hand.

The levy will determine the tax rate needed to provide the funds for the operation of the County services. Other sources are also available to provide for the total needed to operate the county government. It is the hope of County officials to keep the tax rate as close to the current rate as possible.

              McHenry County Levy for
December 1-2011 Thru November 11, 2012
General Corp Fund
$37,005,995
Veterans Assist
360,000
Highway Fund
6,400,000
County Bridge Fund
1,040,000
Matching Tax Fund
1,110,000
IL Muni Retirement
4,750,000
FICA
3,290,000
Loss Prevention Protection
3,950,000
Mental Health Fund
12,779,995
TB Care and Treat
350,000
Valley Hi Nursing Home
6,000,000
Senior Services
1,775,000
TOTAL
$78,809,995

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