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- Kane County considers cuts and sales tax increase amid budget challenges
Kane County considers cuts and sales tax increase amid budget challenges
Potential spending reductions and revenue increases on the table
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Kane County officials are grappling with a significant budget shortfall for 2025, prompting discussions on potential spending reductions and revenue increases.
The County Board's Finance and Budget Committee recently proposed measures to address a projected $28.3 million deficit.
Key points residents should know:
Budget cuts: The committee is requesting county departments to identify $5 million in collective spending reductions. Departments may be asked to cut their budgets proportionally or explain why cuts aren't realistic.
Public safety concerns: Law enforcement and judicial officials, including the Sheriff and State's Attorney, have voiced opposition to the proposed cuts. They argue that budget reductions would compromise their ability to provide essential services and potentially lead to staff reductions.
Use of reserves: The plan includes tapping into $15 million of cash reserves to help bridge the budget gap.
Capital project adjustments: Nearly $4.35 million originally earmarked for capital projects may be reallocated to address the deficit.
Potential sales tax referendum: Officials are considering placing a 1% sales tax increase on the ballot, which could generate an estimated $60 million annually if approved by voters.
Timeline: County departments were asked to submit revised budgets or explanations by August 18, with further discussions scheduled for August 19.
Read more in this Chicago Tribune article.
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