Stand-by fund, comment time get Belvidere Township's attention - Rockford, IL - Rockford Register Star

By Jennifer Wheeler

RRSTAR.COM

An Illinois Supreme Court ruling mandates that townships not have contingencies exceeding 5 percent of total expenditures in each fund. Boone County Board member Pat Mattison said the township’s amount is above that.

At press time, it was unclear what percentage the $1.4 million contingency line item represents.

Murphy said a CPA auditor informed the township that it can have up to three times the amount in the fund for contingencies, although he feels that 2 to 2½ times is sufficient. He agreed to look into the issue further.

Read all of the story by clicking on the following:  Stand-by fund, comment time get Belvidere Township's attention - Rockford, IL - Rockford Register Star

Electrical aggregation going to voters again in Poplar Grove - Rockford, IL - Rockford Register Star

Belvidere, Machesney Park and Timberlane have approved contracts; Rockford, Loves Park and Pecatonica banded together to negotiate a rate. The communities are projected to save hundreds of dollars each year.

In March, an electrical aggregation referendum in Poplar Grove failed by 19 votes

Click on the following for more details:  Electrical aggregation going to voters again in Poplar Grove - Rockford, IL - Rockford Register Star