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McLean County treasurer warns late audit could trigger state penalties; monthly finances otherwise holding steady
Summary
Becky McNeil, McLean County treasurer, told the Finance Committee Wednesday that June tax receipts and investment income are broadly in line with expectations but flagged a late comprehensive annual financial report that could carry consequences if not resolved.
Becky McNeil, McLean County treasurer, told the Finance Committee Wednesday that June tax receipts and investment income are broadly in line with expectations but flagged a late comprehensive annual financial report that could carry consequences if not resolved.
"At this point in time, according to the budget we'd like to be about $8,700,000. We're at $8,409,000," McNeil said, describing tax revenue pacing at about 49.7% of budget. She said shared sales-tax receipts for June totaled roughly $519,000 countywide, with $196,000 for the Town of Normal and $322,000 for Bloomington, putting the county about $211,000…
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