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Enterprise zone financials: assets balanced, $12 bank fee flagged; several projects near reporting completion
Summary
Administrator Mark reported that partner contributions are received, the balance sheet shows about $48,000 in assets, and a $12 returned‑check fee resulted when the state’s $65 payment was pulled. He also provided project updates (Verizon, harbor downtown, Centerville, AFMA, Revolution Golf HD).
At the Nov. 20 McHenry County Enterprise Zone meeting, Speaker 3 (Mark) presented the profit-and-loss and balance-sheet reports and said all partner contributions for the fiscal year have been received and project fees are tracking to budget. He reported total assets of about $48,000 and said liabilities and equity balanced.
Mark described an administrative banking issue: after finalizing and submitting a Marengo-related item, the state issued a $65 check (he…
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