Finance Committee 7/8/26

The McLean County Finance Committee convened on July 8, 2026, to discuss several financial and procurement-related matters. Key procurement actions included approval of an intergovernmental agreement providing a no-interest loan of approximately $81,000 to the Village of Hudson to cover a property tax shortfall caused by a county error. The committee also approved emergency appropriation ordinances amending the 2026 budget for the Tort Judgment Fund and jail medical services. Additionally, the committee reviewed the Popular Annual Financial Report and the Single Audit Report for fiscal year 2025, noting no significant audit findings and discussing financial challenges at the county nursing home. The supervisor of assessments reported on storm damage reassessment options and the need to bill a township for contract assessor services due to failure to secure a contract. Budget status reports were reviewed, with some budget transfers planned to address overages. The committee approved a conference room rental for the Central Illinois Regional Airport and a list of election judge candidates. Overall, the meeting focused on budget adjustments, contract billing, and financial reporting, with motions passed to support these procurement and fiscal management activities.