- I Need to…
In the next few weeks, the county will begin collecting real estate property taxes. Once the county collects that money, my office will distribute it to your village, school district, library, fire district, and other municipal units across the county.
Last year, we distributed $1,607,152,277.74.
We must account for that money with what accountants call a Settlement Statement. It is the way we prove that we did what we are supposed to do.
Guess what? After balancing all of the check books, reviewing records, and doing things accountants do, we were out of balance by just 48-cents!
In fact, it was an error in your favor.