Bachelor's Degree, Foreign Language and Literature, Kent State University
Commercial Real Estate Executive, M.J. Munaretto & Co., Inc.
On the Record
What experiences do you have that make you a good candidate for office?
In addition to over 40 years of responsible business and finance experience in the private sector, I have 20 years of experience as the elected Clerk of Algonquin Township and 14 years of experience as a Member of the McHenry County Board (retired) and Chairman of its Finance and Audit Committee for 10 of those years. I possess considerable public finance, budgeting and financial management experience and I provided McHenry County with the guidance and leadership to reshape the fiscal policies of McHenry County. My efforts and the County Board were rewarded with a Aaa credit rating from Moodys Investor Services in April, 2010. In addition, I have a long history of civic volunteerism and I have served as a Director of numerous not for profit Boards like turning Point and the McHenry County Economic Development Corp.
What are your top two or three priorities if elected?
There unmet Township needs resulting from a Supervisor that is frequently absent from work and has failed to be engaged in the community. My top 2 priorities are: 1. Finances: I will prepare an annual Strategic Plan that establishes the priorities of the Township and its Board and guides its expenditures and revenues. Unless you know where you are going, how will you know when you get there? I will implement a maintenance budget and a financial model to help guide the Township\'s financial decisions. I will also freeze the annual property tax levy until the Township\'s assessed value begins to rise. The Township currently has accumulated 10 months of cash in reserve to pay its expenses. The introduction of my financial model and improved revenue and expense budgeting will help to manage the cash reserve at a more appropriate level. I will reach out to other units of local government to explore ways to promote intergovernmental agreements for shared services. 2. Unmet Community Needs The unemployed: I will create a “Jobs Networking Club” to deploy Township computers, purchased for training seniors, that currently sit idle most of the month and make them available to our unemployed township residents. I will also work with the McHenry County Workforce Network to help provide skills assessments & resume advice. All at no taxpayer expense.
Would you support freezing your taxing district’s levy until housing prices rebound? Why or why not?
Yes, it is the only reasonable action from a unit of government sympathetic to the hardships encountered by its electors during this weak period in our economy.
What one decision by the township board do you most disagree with and why?
The Supervisor with approval of the Board increased this year\'s Town Fund expenses by $300,000 with no real plan in place and she raised the property tax levy by $50,000 despite having enough of our tax money in the bank to pay for almost a full year\'s worth of Township expenses.
What was the biggest accomplishment of the board in the past year?
Why should voters elect you to office?
Few others in public service in McHenry County have as much government finance and accounting experience as I do. As a fiscal conservative, I am committed to reducing the property tax levy and the burden of government. I will bring best practices to Township budgeting and cash management with my extensive finance skills. I will also update the Township\'s banking and investment policy which has not been updated in over 6 years and I will implement tight financial controls over taxpayer money. I will end the practice of automatically increasing the levy to the maximum every year. Township residents are still experiencing hardships associated with the Great Recession and they deserve relief. I will conduct a long needed top down review of the township\'s programs to determine if they are effectively meeting the needs of our constituents. The incumbent Township Supervisor has been on autopilot for the past 6 years and no one has evaluated how well we are meeting the needs of our constituents. And, I will implement 3 new programs to help the unemployed get jobs; to help Veterans obtain needed services; and, to help our Township Seniors with fitness, health/wellness, finance and technology needs all at no cost to the taxpayers.
Other Local Races
John Adamson Jr.