DeKalb County’s Budget

County budget shows recession still strong

By JEFF ENGELHARDT -

 

The budget being presented to the DeKalb County Board this week is roughly $11 million less than last year’s as officials try to navigate through a continuing recession.
The $79 million budget for next year comes at a cost to many county departments, but as proposed, residents should see no increase in property tax bills for county expenses.

The county has proposed using $900,000 in reserves, which would lower the balance of the reserve fund to $9.1 million by the end of fiscal year 2012. The reserve balance would be at 34 percent of expenses, which is just above the county’s outside auditor’s recommendation of 25-30 percent. Because of that, County Administrator Ray Bockman said the county would be able to use the reserves at a similar level in 2013 if needed, but would then have to make a decision.

The assessed value for the county is expected to decline by 5.7 percent and the value of an average $200,000 home is projected to plummet to $186,000…..

The MAP – sheriff’s officers union – has an arbitrated settlement that offers a 6.1 percent salary increase. The Sycamore Campus and Highway Department AFSCME Union will get 2 percent increases in January and July while the Health Department AFSCME Union will get a 3 percent increase in January and 2 percent increase in July. Non-union employees will get a 1.5 percent increase in January.

 

Click on the following for more details on this DeKalb Chronicle story: 

http://www.daily-chronicle.com/2011/09/18/county-budget-shows-recession-still-strong/as47xp5/

West Dundee to see higher burden in taxes

property tax levy would be a 14 percent increase over the previous total of $2.6 million, and would cost the average homeowner an additional $833 per year

Sales tax revenues are projected to be $2.2 million for the year, which is down 13 percent from last year and 26 percent from two years ago.

Even with the increased tax levy and additional taxes, West Dundee's municipal tax rate remains the second lowest in the area; only Sleepy Hollow's is lower.

West Dundee to see higher burden in taxes :: The Courier News :: Local News

Kane property taxes are high, but not as high as others

Boone County was not listed in The Tax Foundation’s work.

Kane County dropped a rank in Illinois and two spots in the national ranking from 28th among counties nationwide compared to taxes paid in 2007.
However, the median tax bill in the county actually rose 7.2 percent from the $4,697 median tax bill paid in 2007.

Lake County again ranked at the top of the list in Illinois and 18th nationally, as taxpayers there paid a median tax bill of $6,153 in 2008. Statewide, Lake was followed by Kendall County ($5,563 median property tax bill, 23rd nationally), DuPage County ($5,371, 25th) and McHenry County ($5,136, 28th).

The Chronicle | Kane property taxes are high, but not as high as others