For Jim Kelly, Henry County’s Economic Development Director, that balance is not accidental. It is the result of deliberate planning, close collaboration with municipalities, and a constant evaluation of what truly makes sense for the county’s long-term health. “Henry County has this knack for offering opportunity without overgrowing,” Kelly says. “We’re focused on sustaining families, supporting education, and creating employment that makes sense for our workforce and our landscape.” That philosophy is echoed by County Administrator Erin Knackstedt, who emphasizes that Henry County’s strength lies in its diversity of assets. The county blends vibrant downtowns, walkable communities, expansive rural landscapes, and strong transportation links, all while maintaining a slower pace of life that continues to attract families, entrepreneurs, and employers alike. A STRONG FOUNDATION FOR INVESTMENT From an economic development standpoint, Henry County is uniquely positioned. The county offers a suite of well-structured incentives, including tax increment financing districts and an Enterprise Zone that spans multiple municipalities.These tools allow Henry County to compete effectively for new business while tailoring solutions to the needs of individual communities. Infrastructure readiness is another key strength. Henry County benefits from a solid electrical grid and is actively working with partners to expand capacity through renewable sources and improved connectivity. Workforce availability remains strong, particularly in skilled trades, manufacturing, and agriculture, sectors that continue to anchor the county’s economy. Equally important is access to capital. Through a revolving loan fund and strong relationships with every commercial lender in the county, Henry County supports small businesses and entrepreneurs with gap financing solutions that often make the difference between an idea stalling and a project moving forward. This business-friendly environment is reinforced by sound fiscal management. Under Knackstedt’s leadership, the county has completed approximately $20 million in capital improvements to its historic courthouse—without raising tax rates, issuing new debt, or burdening residents. Henry County has lowered its tax rate while maintaining a balanced budget with surplus funds, a rare achievement in today’s municipal landscape. 239 CIVIL AND MUNICIPAL VOLUME 07, ISSUE 01 HENRY COUNTY, IL
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