The county’s finances are “level”, according to Robin Yockey of Mose, Yockey, Brown and Kull LLC.
Yockey presented the audited financial report to the County Board during last week’s regular meeting.
“The county’s finances remained relatively level because capital projects were completed and because of timing of payments from the State,” Yockey said
Highlights from the audit include an increase in income tax payments, a 2.8 percent property tax increase, completed projects at the airport and courthouse, no new indebtedness, additional highway funding from the State, completed highway projects and receipt of benevolence funds to the Sheriff’s Department.
The audit report was approved as presented.
Highway engineer Alan Spesard presented petitions for approval on bridge projects throughout the county.
The board approved a joint agreement between IDOT (Illinois Department of Transportation) and Shelby County for bridge replacementn in Holland Township located approximately 5 miles southeast of Cowden. Estimated cost of the replacement is $455,000. Bid letting will be June 15.
The board approved a resolution to award bridge contract in Lakewood Township to Schmidt Construction in the amount of $293,759. Estimated cost was $294,000. The Illinois Emergency Management Agency (IEMA) will reimburse 75 percent of the cost.
“Lakewood Township will need to get a loan to pay for the cost of the work before IEMA will reimburse the FEMA funds,” Spesard explained.
“Typically the bridges are paid by the county, but FEMA doesn’t want to do it this way. They want Lakewood to provide the funds for FEMA to reimburse. But Lakewood doesn’t have any money and will have to take out a loan. IEMA will send approval to go forward with the project and will distribute the FEMA funding,” County Board chairman Bruce Cannon further explained.
The board approved a petition for replace a drainage pipe in Oconee Township, approximately one mile southeast of Oconee. The road that it is located on is currently closed. Estimated cost is $6,000 to be shared between the county and the township.