Finance & Audit - Public Meeting, 5-7-26

The McHenry County Finance & Audit public meeting held on May 7, 2026, focused heavily on budgetary and procurement matters. Key procurement-related discussions included a resolution to amend the budget for fund 222 to address a $130,000 repair for a malfunctioning ejector pump at the Sheriff's Office training facility. The committee also deliberated on extending funding for a part-time staff position managing ARPA-related financial activities through May 2027, with an amendment limiting the extension to six months into the next fiscal year. Another significant topic was the proposal to forgive loans to the FICA and IMRF funds, which would impact the county's reserve balances and levy considerations. The board discussed the financial implications of this action and the need for future budget adjustments to restore reserves. Additionally, the committee reviewed a resolution to modify county board member compensation and benefits, ultimately amending it to take effect in 2028 to allow more time for consideration. The meeting also included approval of a fee schedule ordinance for the Department of Planning and Development, with discussion on balancing fee increases to avoid discouraging permit applications. Other topics touched on included investment fund management, budget deficits, and internal controls over purchasing cards. Motions were passed on several budget and procurement items, reflecting ongoing fiscal management and planning efforts by the county.