Thursday, August 5, 2010

McHenry County hopes to close budget gaps

Its 2010 budget is more than $3.1 million in the red as of June 30, in large part because of late payments from the state. And early budget estimates indicate that McHenry County could have a $3 million shortfall in 2011, as well.

McHenry County uses “zero-based” budgeting, which means that every department’s budget is comprehensively reviewed each year, and all expenditures must be justified.

Northwest Herald | County hopes to close budget gaps

No comments: