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McHenry council leans to add separate NISRA levy; police pension increase pressures next budget
Summary
Finance Director Carolyn Lynch presented the city's levy choices and said a police pension actuarial increase of roughly $400,000 will require adjustments; councilors debated options and signaled consensus to add a separate $183,000 NISRA levy line.
Finance Director Carolyn Lynch presented the City Council with the city's options for the 2025 property tax levy (for collection in 2026), explaining the legal context and implications for city operations and capital needs.
Lynch summarized the constraints: property tax is the city's second-largest revenue source, PTELL (property tax extension limitation) limits typical increases tied to CPI or 5 percent, and the police pension actuarial report shows a roughly $400,000 required increase for the police pension contribution in FY26'27. “One of these known expenses is we…
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