Property Tax Cut for McHenry County Introduced

It is a big deal.

It is always an honor, a privilege, and something I never take for granted – to serve all of you on the McHenry County Board.  This morning we had the opportunity to present a revolutionary resolution before the McHenry County Board – a resolution that will substantially cut taxes in McHenry County.

This is not the 100 percent solution but more of a 90 percent solution.  We heard from many board members, publicly and privately, of things that will need to be tweaked in this resolution.  It now moves to the Finance and Audit Committee on April 6th where this resolution will be marked up and voted upon.  Final approval will hopefully be April 18th.

This resolution is bi-partisan.  I am honored to have worked on this resolution with our Chairman Jack Franks, county board member John Reinert, and county board member Dr. Paula Yensen.  There are no sacred cows and all silos are under scrutiny.  All of us put aside politics and came together as a cohesive team to make things happen.  There are other county board members who want this to happen as well and need we need their constructive inputs as well.

I could literally list EVERY county board member here.  We are all excited.  Below is a copy of the resolution. We want to hear from you with your ideas and comments.  We need your feedback.

See you all on April 6th at Finance – here is the text of the resolution as proposed today:

RESOLUTION TO REDUCE THE McHENRY COUNTY FISCAL YEAR 2018 BUDGET AND PROPERTY TAX LEVY BY 10 PERCENT

WHEREAS, Illinois taxpayers pay higher property taxes than the vast majority of other Americans; and

WHEREAS, high property taxes have a deleterious effect on the economy and harm small businesses; and

WHEREAS, in 2016 the State of Illinois saw a larger population decline than any other state; and

WHEREAS, McHenry County’s population has declined since 2010; and

WHEREAS, 91 percent of voters from the Village of Cary recently supported a non-binding referendum calling for all future property tax levy increases to require voter approval; and

WHEREAS, 92 percent of voters from the Village of Lakewood also recently supported a non-binding referendum calling for all future property tax levy increases to require voter approval; and

WHEREAS, 91 percent of residents from the Village of Fox River Grove recently supported a non-binding referendum calling for all future property tax levy increases to require voter approval as well; and

WHEREAS, McHenry Township, Grafton Township and the Algonquin Township Road District each recently reduced their respective property tax levies by 10 percent from the previous year; and

WHEREAS, the McHenry Township Road District recently reduced its property tax levy by 11 percent from the previous year; and

WHEREAS, the McHenry County Board authorized a property tax levy totaling $79,344,078 on November 15th, 2016; and

WHEREAS, the McHenry County Government Fiscal Year 2018 begins on December 1, 2017; and

NOW, THEREFORE BE IT RESOLVED that the aggregate total of all property taxes levied by the County of McHenry, Illinois during Fiscal Year 2018 shall be reduced by at least ten (10) percent, or $7,934,407, from $79,344,078 in Fiscal Year 2017 to less than $71,409,671 in Fiscal Year 2018; and

BE IT FURTHER RESOLVED, that the Annual Appropriation Ordinance of McHenry County, Illinois authorizing county expenditures during Fiscal Year 2018 shall be similarly reduced by at least $7,934,407; and

BE IT FURTHER RESOLVED, that an ad-hoc Committee on Tax Reduction shall be created, composed of: the County Board Chairman, who shall serve as committee Chairman; the Chairperson of each standing committee, with the Chairman of the Finance and Audit Committee serving as Vice-Chairman; and Misters Kearns and Wilbeck; and

BE IT FURTHER RESOLVED, that the Committee on Tax Reduction shall work with the County Administrator to develop property tax levy reduction proposals on or before June 30, 2017; and

BE IT FURTHER RESOLVED, that discussion of the Committee on Tax Reduction’s property tax levy reduction proposals shall be placed on the agenda of the County Board’s Thursday, July 13, 2017 Committee of the Whole meeting; and

BE IT FURTHER RESOLVED, that the Committee on Tax Reduction shall make final recommendations to the County Administrator based on County Board member feedback prior to August 24, 2017; and

BE IT FURTHER RESOLVED, that the County Administrator shall develop a budget based on the Committee on Tax Reduction’s recommendations; and

BE IT FURTHER RESOLVED, the fiscal year 2018 budget shall be presented to the full County Board for 30-day review no later than the Thursday, October 12th, 2017 Committee of the Whole meeting.

DATED at Woodstock, Illinois, this 18th day of April, A.D., 2017.

 

_____________________________
Jack D. Franks, Chairman
McHenry County Board

ATTEST:

_________________________________
Mary E. McClellan, County Clerk