A McHenry County Board committee moved forward a resolution that would rebate $100 to qualified households out of the $40-million Valley Hi Nursing Home surplus. Proposed by Chairman Jack Franks, the resolution would siphon $8.9 million from the surplus for $100 rebates to every homeowner who qualified for the homestead exemption on their 2018 tax bills – and have paid their taxes on time. If approved by the full County Board, those residents – an estimated 88,000 households that potentially qualify – would receive a check before the end of February. "[This] act is in good faith to alleviate the tax burden on McHenry County homeowners," the resolution said. “A responsible government should have a rainy-day fund, but the reserve that Valley Hi has accumulated is enough to fund several years of operations," Franks said in a statement.

Sections:  u.s.   
Topics:  Illinois   McHenry County   Crystal Lake   
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