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Conservation District Lists Outstanding Debt
Lost Valley Visitors Center is located in Glacial Park between Ringwood and Richmond. When Moody’s downgraded the McHenry County Conservation District’s credit rating, I asked for a breakout of the...
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County Seeking Million Dollar Savings in Debt Refinancing
The County Board plans to refinance these outstanding bonds in order to get lower interest rates. The McHenry County Finance Committee received a proposal to refinance outstanding debt this week. BMO...
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Local School Finances – How to Probe
Crack researcher Susan Handelsmann of rural Woodstock has put together a “how to” piece about figuring out what your school board has done with school finances. The McHenry Grade School Board before...
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CL Library “Vote Yes” Signs Appearing
People poo-pooed my suggestion a couple of years ago that the signs being passed out by the Crystal Lake Library were intended to support a property tax hike. But look what is popping up in the same...
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CL Library Trustee Counters Bond Opponents’ Handout
A communication from CL Library Trustee Bill Weller about the piece posted yesterday against the $30.1 million advisory referendum put on the ballot by the Crystal Lake City Council: A “Vote Yes” sign...
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Working CL Streets For and Against the $30.1 Million New Library Referendum
What the two pitches looked like when placed side by side. Out in my precinct this past week I saw the remnants of people having campaigned for and against the advisory referendum on a $31.2 million...
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CL Library Bond Issue Supporters Make Another Mailing
Here is the “closer” in the campaign to convince Crystal Lake voters to vote to increase their real estate tax bills by an average of $132 per year for the next twenty years. On the address side of...
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CL Library Architect Donates $8,000 to Library Yes Committee
Haven’t seen anything like this since the Woodstock School bond referendum committee received tens of thousands of dollars from the builder on the south side of town which went under in the housing...
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Rauner Plans to Borrow $6 Billion to Pay Bills
A press release from Governor Bruce Rauner: Gov. Rauner takes budget actions Announces borrowing plan to pay down bill backlog, calls on General Assembly to help fix Illinois’ still out-of-balance...
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Illinois Bonds Still Have Market
A press release from Governor Bruce Rauner: State of Illinois prices $750 million in bonds CHICAGO (Nov. 29, 2017) — Today the State of Illinois priced $750 million in new money General Obligation...
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Michael Rein Tells of Accomplishments at Fund Raiser
Woodstock’s Michael Rein outlines his accomplishments on the McHenry County Board at his fundraiser. High above the Woodstock Square, a fundraiser for McHenry County Board member Micheal Rein was held...
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State Pays 1.7 Times Higher Interest Rate on Borrowing Than AAA Rated...
A press release from Governor Bruce Rauner, but first some analysis from a Friend of McHenry County Blog: The ten year bond came at a yield of 4.25%. The “MMD 10 year AAA” index yield was 2.44%. So the...
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Schools Seeking Sales Tax in Springfield Area
McHenry County residents can be thankful that local educators have not sought to put a one percent sales tax on the ballot. That would give some of us not only one of the highest property taxes in the...
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John Reinert: Shift McHenry High School Students to Crystal Lake to Avoid $44...
John Reinert McHenry County Board John Reinert has researched how the McHenry High School Board could meet the needs of its students without voters approving the borrowing of $44 million. That is the...
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Reader Mark Offers Thoughts on McHenry High School Referendum Tax Hike Proposal
From McHenry County Blog reader Mark, who has return after too long an absence: One of the big problems in school district reorganizations is what to do about the pay of employees in the lower paid...
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Opposition to McHenry High School and McHenry City Tax Hike Bond Referendums...
The committee to hike taxes in McHenry High School District 156 got $2,000 from each of the car dealers in McHenry, so they are rolling in cash. Until now, no opposition has reared its head except,...
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Three McHenry Township Vendors Help Finance Opponents’ Campaign to Thwart...
An early sign urging voters to oppose consolidation of the McHenry Township Road District into the Township under the Township Board in 2021. “Follow the money.” That was the strategy of the Washington...
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John Reinert Urges Rejection of McHenry High School Tax Hike Referendum
A press release from McHenry County Board member John Reinert: Reinert: Alternatives to McHenry High School Board’s Tax Hike Proposal Unexplored CRYSTAL LAKE – McHenry County Board member John Reinert...
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McHenry High School District Gets Permission to Borrow $44 Million
With 95% of the precincts reporting, the McHenry High School Board gained voter approval to borrow $44 million. The post McHenry High School District Gets Permission to Borrow $44 Million appeared...
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Huntley Library Seeks Voter Approval for $12.9 Million Bond Issue
The Huntley Library District made its presence known at 2016 Business Expo. The Huntley Area Library Board wants to sell $12.9 million in twenty year bonds to renovate and expand the library. They also...
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