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McLean County treasurer reports revenue shifts, nursing home shortfall and $36 million levy increase
Summary
Treasurer Patricia McNeil told the Finance Committee on May 7 that April receipts are down modestly year-over-year, the county is under budget year-to-date, the nursing home remains negative in cash, and the property tax levy increased by $36 million for 2025.
McLean County Treasurer Patricia McNeil on May 7 presented the county's April financial reports to the Finance Committee, reporting modest year-over-year declines in receipts, details about investments and interest, and continuing cash pressures at the county nursing home.
"For the month of April, overall, our receipts are only down by $17,000 compared to last year," McNeil said, noting the Illinois Department of Revenue had changed the distribution method for local use taxes. She reported year-to-date receipts of $5,413,000 for 2025 compared with $5,900,000 for the same period in 2024, leaving the county approximately $318,260 under budget.
McNeil said shared sales tax receipts tied to the Town of Normal and the City of Bloomington were $88,001.29 higher in 2025 than in 2024 and that fund equity in the affected fund stands at about $19.5 million. She reported total cash and investments of roughly $113 million, with interest accrued through April 30 of approximately $1,031,000, but cautioned that full-month reconciliations were still in process.
On property taxes, McNeil said the county's levy for 2025 is $49,000,324 and that "the taxpayers this year were asked for $431,000,000 which is an increase of $36,000,000 over last year." She reminded the committee that the first installment is due June 4 and highlighted the county's public education sessions on taxes and assessments, which the treasurer and assessment staff will hold beginning mid-August through early October.
The committee also reviewed nursing home figures: McNeil said nursing home accrued revenues for March included a VA category of $889,000 and that the nursing home's first-quarter revenues were about $2,613,000 against expenses of $2,598,000, leaving a small surplus of roughly $15,518 for the quarter. She said receivables fell from $5,166,000 at the start of the year to $4,859,000 but that cash remains negative, moving from negative $1,491,000 to negative $1,635,000 year-to-date.
McNeil's report also noted a rise in health-insurance costs under the county's self-insured Blue Cross Blue Shield plan and that the county will discuss certain distribution questions with the Illinois Department of Revenue at the upcoming ICTA conference. The Finance Committee voted to accept and place the treasurer's monthly reports on file.
