Thursday, October 22, 2015

McHenry County Blog: County Board Candidate raises issue of excess reserves at county nursing home

Could this same issue be raise at other taxing bodies?  Several townships in Boone County have sizeable reserves in their township general assistance funds. Are they excessive?

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Liebmann Calls Out McCann & Smith on Vote against Cutting $40 Million+ Valley Hi Surplus

Posted on 10/21/2015 by Cal SkinnerOctober 21, 2015

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A press release from District 6 McHenry County Board candidate Kelly Liebmann:

Kelly Liebmann addresses funding concerns to County Board

District 6 County Board Candidate Pushes to Eliminate
Valley Hi Tax Levy and Reduce $40 Million Excessive Reserve Fund

Kelly Liebman

Kelly Liebman

Woodstock, Illinois – Republican Candidate for McHenry County Board, Kelly Liebmann, addressed the County Board October 20th at their regular meeting to discuss funding concerns with Valley Hi Nursing Home.

“A $40 million dollar surplus in the bank is grossly excessive for an entity that only uses a fraction of their yearly $3 million tax levy.

“The current surplus will sustain Valley Hi for more than 40 years as indicated in previous budgets,” Liebmann stated.

“Poor government and complacent elected officials have created a glut in Valley Hi’s reserves larger than fifty percent of McHenry County’s total property tax levy of $79 million.”

Liebmann was prompted to address the Board Tuesday when two board members from District 6,

  • Mary McCann and
  • Larry Smith

voted against lowering the Valley Hi tax levy in committee last week.

The fiscally responsible conservative Republican has been walking her district collecting signatures to get on the ballot for the Republican primary election March 15, 2016.

This past weekend she informed voters of the surplus and committee vote.

“People in my district have been burdened with low property values and little to no property tax relief.

“If we eliminate the Valley Hi tax levy, county tax would go down more than 3.5%.

“Whittling away excessive taxes resonates with many of our neighbors; some who will not receive any increase in Social Security benefits in 2016,” Liebmann stated.

Liebmann is a 13-year resident of District 6, having lived in both Harvard and unincorporated Wonder Lake.

A former member and current volunteer for 4-H, Kelly has been employed in administration and management for over 20 years and currently works as an Operations & Logistics Manager for a mobile marketing and concert touring transportation company.

The McHenry County Board 6th District consists of all of Alden, Chemung, Coral, Dunham, Greenwood, Hartland, Hebron, Marengo, Riley, and Seneca Townships and a portion of Grafton Township. Persons wishing to volunteer or donate should go to: www.voteforkelly.com for more information.

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Previous McHenry County Blog articles on the Valley Hi Nursing Home levy:

 

The above article is taken from McHenry County Blog:  http://mchenrycountyblog.com/2015/10/21/liebmann-calls-out-mccann-smith-on-vote-against-cutting-40-million-valley-hi-surplus/

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