McCULLOM LAKE – New revenue from video gaming machines and advertisements on Pace buses running through town will be earmarked for road projects.
The McCullom Lake Village Board unanimously voted Tuesday evening to put incoming funds – as well as gaming revenue going back to the beginning of January – in a separate account that will be used for the resurfacing of McCullom Lake Road.
“As much as I would love a pavilion, the roads are more important,” Trustee Nancy Matthesius said. “[The time to repave] is coming. We’re going to have to take care of it.”
Since video gaming became possible under state law and some local governments decided to opt in, some municipalities like McCullom Lake have decided to set the money aside for particular projects.
Fox River Grove earmarked the money for its tree replacement program while Algonquin plans to put the money toward parks and recreation capital improvements.
McCullom Lake Road, which is the village’s main artery, hasn’t been repaved in about 10 years, Village President Terry Counley said.
The city of McHenry is looking to repave its section of the road in the near future, Counley said, adding that the village would like to piggyback on that project.
Doing the project together could translate to a better per mile rate for the municipalities and would mean traffic would only have to be disrupted once, he said.
Video gaming machines have raised $9,051.26 for the village of McCullom Lake since January, according to monthly reports posted on the Illinois Gaming Board’s website. The last report posted was for August.
The advertising revenue is expected to raise about $200 a month, Counley said.
The village is also pursuing grants, but motor fuel tax revenue has not kept up with the rising cost of building and maintaining roads.