Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County staff propose $1.5M fund‑balance allocation to support FY27 services; board debates cautious midyear holdback
Summary
Melanie, finance staff, presented a fund‑balance spend‑down plan and draft FY27 budget outlining a proposed $1.5 million allocation for client services, a $50,000 potential community needs study, and conservative revenue assumptions; board members discussed a $500,000 midyear holdback and options for a capital NOFA.
Melanie, a finance staff member for the McHenry County Mental Health Board, presented a fund‑balance spend‑down plan and the draft fiscal‑year 2027 budget, telling the Committee that the board has $5.3 million in available fund balance after reserving three months of operations. "What I'm proposing in the spend down plan is that we put $1,500,000 of fund balance into the '27 budget to support additional client services," she said, adding that the remaining $3.8 million would be held for…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
