County Treasurer Becky McNeil told the McLean County Finance Committee on Oct. 8 that the county’s total cash and investments across all funds stood at about $117.3 million at the end of September, and she walked the committee through the treasurer’s monthly revenue and investment reports.

"For the month of September County received $1,083,000," McNeil said, and she noted year‑to‑date property tax receipts of $25.7 million against a budgeted $49.3 million. McNeil also reported interest recorded to date for 2025 of about $2.8 million compared with $5.3 million in 2024 and summarized recent movements in the county’s portfolio as the market and maturities have evolved.

McNeil said the treasurer’s packet included proceeds from the county’s annual tax‑sale surplus property auction. "Most of them that you're gonna see tonight have a tax sale certificate date of 2021," she said, describing the process: trustees purchase delinquent tax certificates, owners fail to redeem and parcels are later auctioned; the trustee requested that the county accept the bids and convey the properties to successful bidders. The Finance Committee approved resolutions authorizing the county board chair to execute deeds of conveyance and deeds of reconveyance where owners redeemed their taxes, and it approved cancellation of mobile‑home tax sale certificates when the owner paid to retain title.

McNeil also summarized other key items in the monthly packet: motor fuel tax balances, shared sales tax distributions with municipalities and the county’s self‑insured Blue Cross Blue Shield costs through September totaling $6.34 million (with a stop‑loss adjustment reported at $192,000), and detailed finances for the McLean County Nursing Home. For the nursing home through August she reported year‑to‑date revenue of $6.79 million and expenses of $6.75 million; the nursing home’s cash balance was reported negative $1,536,000 and the home carried fund equity and a reserve for bad debt that administration said has been adjusted after audit review.

The committee voted to accept and place on file the treasurer’s monthly financial reports and approved the conveyance, reconveyance and mobile‑home cancellation resolutions as recommended by the treasurer’s office. The transcript shows these items were moved and seconded by committee members and carried by voice vote; no roll‑call tallies were recorded in the meeting minutes.

Why it matters: the treasurer’s report provides a snapshot of county liquidity and risk exposures — including the nursing home’s negative cash position and health‑plan costs — and the conveyances move delinquent properties back to private ownership and back onto the tax rolls.