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Kane reserve fund cut is blamed on assessment drop

January 10, 2014

Photo by Ted Lutz – Kane Mayor William "Yogi" Osmer (left) administers the oath of office to Councilman John Gentilman (right). Gentilman was re-elected in November to another four-year term on council. The mayor and three other councilmen were sworn in Dec. 30 by Kane District Court Judge Dave Engman.

A hefty drop in total Kane property valuation is blamed for a drastic cut in the borough's reserve fund.
The 2013 budget included $25,000 in the capital reserve fund to pay for unexpected expenses during the year.

The Kane girls’ track and field team turned in some good performances in Tuesday’s dual meet with...
The Kane girls’ track and field team turned in some good performances in Tuesday’s dual meet with...
The Kane boys’ track and field team followed up their Class AA team title in the Kane Invitational...

 

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