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Kane County Reporter

Sunday, May 19, 2024

Good governance is the best politics. Competent management of resources and services to constituents eliminates the need for more property tax sacrifice.

Chrislauzen800

Chris Lauzen | Facebook

Chris Lauzen | Facebook

Good governance is the best politics. Competent management of resources and services to constituents eliminates the need for more property tax sacrifice.

We are in County Budget season, so once again we have to fight to convince those who work for us on the county board, including its Chairman, to not make our financial lives harder.

On September 6, 2023 at 9 AM the Chairman and her County Board will make its first attempt to raise property tax by the 5% maximum allowed by law. This tax increase represents a $2,800,000 transfer of your family's money to County coffers. This chart shows how totally unnecessary this fiscal gluttony is. A year ago, the Board approved a budget that projected $1.8MM in interest income on county savings accounts (yellow line).

Former State Senator and County Board Chairman Chris Lauzen ran for Treasurer because he said that projection and the previous two years' interest income performances were too low. Lauzen promised to increase that interest income by an extra $2MM cash-on-cash (red line on chart).

Treasurer Lauzen's investment efforts are now projected to be $10MM over the previous year! 

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