County: Monsanto wins county approval for enterprise zone
Financial planners anticipate return to solid figures
mutual aid between Logan County and Macon County helps with Adams
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[June 21, 2008]
A request from Monsanto for
inclusion in the Lincoln and Logan County Enterprise Zone moved
another step forward at this month's adjourned Logan County Board
Monsanto asked for the designation for their Farmer City and
Illiopolis sites, mainly in order to take advantage of the relief
that it provides from a natural gas tax that the state imposes on
The full board was in attendance and the measure passed 12-0.
The request must still be approved by the city of Lincoln, DeWitt
County and Sangamon County as well. Then it will be submitted for
Finance chairman Chuck Ruben announced that the county's auditors
from Clifton Gunderson are back in Logan County offices finishing
fieldwork for the 2007 audit. The work is expected to be completed
by August and would finish three audits in one year's time.
An accounting system that led to the problems was ditched at the
close of the last fiscal year and replaced with a more commonly used
government accounting system for this fiscal year, which began on
Dec. 1, 2007.
The figures from each previous year's audit are used to steer
financial decisions for the next fiscal year. The planning begins in
July when department heads assess their needs and then present them
to the finance committee. The committee begins the process in
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The county government accounting is quite complex. There are
departments that overlap funding and expenses with other entities;
for example, the highway department shares financial
responsibilities with the state and townships. There are agencies
that have mixed financial crossover, such as shared expenses with
the Logan County Emergency Management Agency. Grant funding is
sometimes channeled through the county general budget.
Add to that, anticipated revenues may fall short of expectancy;
property taxes don't always come in as expected; and unanticipated
emergency expenditures may be needed. There is a lot of potential
Due to the lack of having an up-to-date audit in hand, "nervous"
was the word that was often used by the county's financial planners
when they have prepared their budget in the past couple of years.
Come August and September, this year could be different.
Dan Fulscher, Logan County Emergency Management Agency director,
told board members that through a mutual aid agreement, Logan County
has agreed to be on standby for Macon County. The Macon County
director, Phil Anello, was called to assist with the flooding at
Quincy, in Adams County.
[By JAN YOUNGQUIST]
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