If you look at Kane County's 5 year financial plan www.countyofkane.org one thing is certain. The county is banking on state sales taxes and federal income taxes going up 2% every year. Even with this positive outlook on our country and state economic health, the county will still end up with a deficit of almost a million dollars by the end of 2018. The county needs to think of ways to "enhance revenue" to continue to serve the residents of Kane County. If I were on the county board I would suggest we approach the 22 licensee's that will be awarded to operate a medical marijuana cultivation center.
The county owns rural land, and that could be an attractive incentive for a potential growing center. The county could lease the land and impose an excise tax on amount produced. Fast forward to 2018 the million dollar deficit is now an excess. And that is without any cuts to services or increases in property taxes!!!
This post was contributed by a community member. The views expressed here are the author's own.
The views expressed in this post are the author's own. Want to post on Patch?
More from Geneva
Traffic & Transit|
New Traffic Pattern Implemented On Kirk Road In Geneva
Health & Fitness|
Geneva Hospital Earns 'A' Grade In New Hospital Safety Ranking
Seasonal & Holidays|