title
Approving a Balanced Budget for Kane County FY2026 General Fund - General Account
body
WHEREAS, the preparation of a draft Kane County FY2026 Budget is underway; and
WHEREAS, the revenues for the FY2026 General Fund - General Account are projected to be approximately $115 Million (hereinafter “Revenue”); and
WHEREAS, the projected expenditure and transfer-outs for FY2026 General Fund - General Account are expected to be much more than the Revenue, (hereinafter “Expenditure”); and
WHEREAS, Kane County’s 2025 Special County Retailers Occupation Tax referendum to increase revenues has failed by a wide margin; and
WHEREAS, the County Board is obligated to pass a balanced budget under the laws of Illinois and in accordance with the County Code, which requires that the Expenditures must be curtailed and brought in line with the Revenues.
NOW, THEREFORE, BE IT RESOLVED that the Kane County Board that the Expenditures should be reduced to the amount of estimated revenues for the FY2026 General Fund - General Account.
Passed by the Kane County Board on June 10, 2025.
____________________________ ____________________________
John A. Cunningham, MBA, JD, JD Corinne M. Pierog MA, MBA
Clerk, County Board Chairman, County Board
Kane County, Illinois Kane County, Illinois
Vote: