INFOGRAPHIC: McHenry County school districts' cash on hand at end of 2013-14 fiscal year
The amount of money local school districts have in the bank has been the focus of several tax objections filed in the last few years arguing that governments shouldn't have raised the amount they collect in property taxes year after year. This database shows how much each school district — other taxing entities are on a separate page — had in their general funds at the end of the 2013-14 fiscal year, the last year we have complete records for.
It is important to note that these numbers are not perfect. Taxing entities that use the cash accounting system can have inflated numbers as they count the revenue they receive even if it's next year's dollars. Unlike the Illinois State Board of Education, the Northwest Herald did not include next year's dollars if they could be pulled out to determine the amount of cash on hand.
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