Monday, November 23, 2009

DeKalb County should be prepared

And even more so,  should Boone County. 

The decline in sales tax and income tax revenue is a result of unemployment, which reached 11 percent in Illinois last month. And many economists feel job recovery will lag behind as the broader economy recovers.
There's no doubt the economy will recover from the doldrums it's been in. Will it reach the same level as it did earlier this decade? Probably not. The reality is economic recovery will put us somewhere in the middle.
That's why the county board needs to be proactive in examining its expenses and searching for cuts. Revenues likely will not reach the same level they once were. Not anytime soon, anyway, and the board only has two years of "rainy day" money available to it.

Click on the following for more of this editorial:  Our View: County should be prepared | Daily Chronicle

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