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County treasurer presents monthly financials; board approves property conveyance and tax-sale cancellations
Summary
McLean County Treasurer Becky McNeil presented August financial reports showing overall cash and investments and nursing home revenue/expense details; the committee approved multiple resolutions including deeds of conveyance, reconveyance and cancellations of mobile-home tax-sale certificates and accepted the treasurer's monthly reports.
McLean County Treasurer Becky McNeil told the Finance Committee on Sept. 3 that the county’s cash and investment position totaled about $121.8 million (accrued interest through July) and reviewed month-to-date and year-to-date figures for the county nursing home, self-insured Blue Cross Blue Shield expenses, and fund equity adjustments related to a 2024 audit entry.
McNeil said the Illinois Funds rate for the county’s liquid assets was 4.44% in August and that treasuries were down slightly. She reported nursing-home year-to-date revenue and transfers at $5,997,004 and year-to-date expenses and transfers out at $6,021,008.37, leaving expenses exceeding…
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