Grafton Township Facing Financial Crisis, Could Close Doors Next Month

Grafton Township is facing a financial crisis and could shut down by mid-April because there's not enough money to pay bills, the Daily Herald reports.

Township officials tried to borrow up to $110,000 from Grafton Township Road Commissioner Jack Freund to cover the township's payroll and bills. Township Supervisor Linda Moore also voided a $300,00 payment to the road district  (written to buy back the township's Vine Street office in Huntley from the road district), to keep finances afloat, the Herald reports.

Freund declined to issue the $110,000 loan because he wanted the township board to pay the $300,000 first, the story said. After bills and payroll, the township fund has $180,619 remaining, the story stated.

Robert K. Bush, a partner at the township's former attorney firm, Ancel-Glink, recommended against moving forward with the $300,000 payment to buy back the building in an email to Trustee Rob Laporta (not present at Thursday's meeting), the First Electric Newspaper reports. 

Noting Grafton Township has not had an authorized audit in two to three years - because Moore blocked the action - Bush recommended against repaying the loan at this time, FEN reports.

Trustee Barb Murphy moved to table any new checks until the end of the audit. Moore was the only one to vote against the measure, FEN reports.