After a comprehensive search, the Kane County Treasurer Committee announced the appointment of Michael J. Kilbourne as Kane County treasurer. Kilbourne will begin his service as the Kane County Treasurer April 5 after being sworn in; and will serve the remainder of the term, through December 1, 2022.
Kilbourne relieves Maria Herrera, who has served as the interim acting treasurer since January 12. Former treasurer, David Rickert, resigned January 3, after taking a new position with Winnebago County as chief financial officer.
Kilbourne joins the Kane County Treasurer’s Office following six years as Carpentersville Chief of Police and more than 31 years with the Department.
“I have the experience and education necessary to be the Kane County treasurer and manage the Kane County Treasurer’s Office,” Kilbourne said.
“I have supervised an organization with 65 employees, managed a budget of over $10 Million annually, reported to, and worked with an elected body. My 27 years with the two Carpentersville Pension Funds have given me a depth of knowledge and experience in both managing investments and working with investment professionals.”
In his new role, Kilbourne will oversee a staff of 10 and manages a budget of approximately $731,000.
Kilbourne, of Carpentersville, is a Western Illinois University alum with a master’s degree in business administration from Illinois State University. His experience includes roles as chairman of the Finance Committee for the North East Multi-Regional Training, and the Treasurer of Illinois Public Pension Advisory Committee.
Kilbourne serves as an adjunct instructor for at Judson University (Elgin and Rockford campuses) where he develops and updates courses in criminal justice management, which include public finance, leadership, and ethics.
The duties of the Treasurer’s Office include overseeing and safely keeping the public monies of the County, controlling internal operations of his office, oversight for the County Board budget and preparing, presenting and filing monthly financial reports to the Kane County Board.
Kilbourne was chosen from a pool of eight talented finalists each of whom gave “thoughtful, well-prepared presentations,” according to Kane County chair Corinne Pierog. “Kane County thanks them for their time and interest,” she said.
— Kane County Board Office