The McHenry County proposed budget for the fiscal year
December 1, 2012 through November 30, 2013 has been placed on public view following
Tuesday night’s County Board meeting.
This budget is expected to be adopted by the Board at its Tuesday, November 20 meeting.
In developing the FY13 Budget, McHenry County maintained the professional conservative approach to budgeting that earned an Aaa bond rating from Moody’s Investor Services. The County is one of only three Illinois counties to have earned this distinction. Lake and DuPage Counties are the other two counties.
The McHenry County Board directed staff not to capture the allowable inflationary growth in the property tax extension. As a result, the County is collecting $2.3 million less than is allowable under the tax cap law.
The proposed FY13 budget is $252,079,699. This compares to the current FY12 Budget which was approved at $256,714,170.
The revenue environment for the County continues to be challenging with a corresponding control on expenses.
Although the budget is less than the previous year’s budget, there are no dramatic cuts to services, but as in recent years, there are adjustments and reductions in almost all areas of County Government.
The proposed FY13 Budget maintains compensation parity between union and non-union employees
Through an active management of the employee roster, there are 83 positions that have now been eliminated since 2009 and 19 positions have been added to the roster through consolidation and rethinking responsibilities. The result is 64 fewer positions than three years ago.
A copy of the proposed McHenry County FY13 Budget can be found in the County Clerk’s Office or on the County website at www.co.mchenry.il.us under “Quick Links”.
This budget is expected to be adopted by the Board at its Tuesday, November 20 meeting.
In developing the FY13 Budget, McHenry County maintained the professional conservative approach to budgeting that earned an Aaa bond rating from Moody’s Investor Services. The County is one of only three Illinois counties to have earned this distinction. Lake and DuPage Counties are the other two counties.
The McHenry County Board directed staff not to capture the allowable inflationary growth in the property tax extension. As a result, the County is collecting $2.3 million less than is allowable under the tax cap law.
The proposed FY13 budget is $252,079,699. This compares to the current FY12 Budget which was approved at $256,714,170.
The revenue environment for the County continues to be challenging with a corresponding control on expenses.
Although the budget is less than the previous year’s budget, there are no dramatic cuts to services, but as in recent years, there are adjustments and reductions in almost all areas of County Government.
The proposed FY13 Budget maintains compensation parity between union and non-union employees
Through an active management of the employee roster, there are 83 positions that have now been eliminated since 2009 and 19 positions have been added to the roster through consolidation and rethinking responsibilities. The result is 64 fewer positions than three years ago.
A copy of the proposed McHenry County FY13 Budget can be found in the County Clerk’s Office or on the County website at www.co.mchenry.il.us under “Quick Links”.
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