levy increase would appear quite large if one were only looking at revenue going into the general fund, Blum said. The 2010 tax levy contributed an estimated $1.7 million to the general fund, while the 2011 levy contributes about $2.4 million to this fund, Blum said.
“We had to freeze all the other levies to get the (levy increase) into the general fund,” Blum said. “All the other line items are frozen, some went down. The general fund, where we needed revenue to protect public safety, went up.”
Concerns Raised
Recently elected County Board member Jerry Clay said he objects to the way the county seems to be playing “accounting games” to balance its budget. He said the county is taking expenses that should be coming out of their revenue stream and putting them in closed funds, and then using borrowed funds to pay for the expenses.
Click on the following regarding regarding financial woes in Stephenson County: Stephenson County set to approve higher property tax levy - Freeport, IL - The Journal-Standard
No comments:
Post a Comment