JJC Board Approves 2025 Tax Levy and Bond Abatement

Spread the love

Joliet Junior College Board Meeting | Dec. 10, 2025

Article Summary: The Joliet Junior College Board of Trustees approved the 2025 tax levy and voted to abate taxes related to two bond issues. The moves are intended to fund college operations while managing the tax burden on district residents.

Tax Levy Key Points:

  • Levy Approval: The board voted to approve the 2025 tax levy following a public hearing where no public comments were made.

  • Tax Rate: Discussion during the meeting indicated the tax rate is expected to be approximately 4.72.

  • Bond Abatement: The board approved the abatement of taxes for the 2018 and 2021 General Obligation Alternate Revenue Refunding Bond issues.

  • Truth in Taxation: Officials noted the levy request remained under the 5% threshold that triggers Truth in Taxation hearing requirements, though the college held the hearing for transparency.

The Joliet Junior College Board of Trustees on Wednesday, December 10, 2025, finalized its property tax request for the upcoming year.

Following a motion to suspend rules to allow for a public hearing—during which no members of the public spoke—the board voted to approve the 2025 tax levy.

Trustee Maureen Broderick questioned the administration regarding the tax rate cap. “My understanding is the grade schools have been asking for no more than 4.99,” Broderick said, seeking confirmation that the college’s rate would be around 4.72.

College officials confirmed the rate would be approximately 4.72. They also noted that while the levy increase was below the 5% threshold that legally mandates a Truth in Taxation hearing, the college maintains a practice of holding the hearing and publishing notices for “full disclosure.”

In addition to the operational levy, the board voted unanimously to abate (not collect) taxes associated with the 2018 and 2021 General Obligation Alternate Revenue Refunding Bonds. This standard financial practice uses other college revenue sources to pay off debt service, thereby reducing the property tax line item for district residents.


⚠️ Hydrologic Outlook issued June 16 at 2:13PM CDT by NWS Chicago IL
⚠️ Hydrologic Outlook issued June 16 at 2:12PM CDT by NWS Chicago IL
Today Jun 15
Partly Cloudy
54°

Partly Cloudy

Leave a Comment





Latest News Stories

Frankfort School District 157-C.1

District Secures Lower Electricity Rates and Plans Capital Improvements

Frankfort School District 157-C Meeting | Nov. 2025 Article Summary: The district has locked in a new electricity rate through a reverse auction and is moving forward with a five-year...
Frankfort School District 157-C.3

Board Honors Late Hickory Creek Teacher David Wonder

Frankfort School District 157-C Meeting | Nov. 2025 Article Summary: The School Board passed a formal resolution honoring the memory of Hickory Creek Middle School music teacher David "Dave" Wonder,...

Everyday Economics: Why this week’s labor data matters more than the headlines

By Orphe DivounguyThe Center Square This week’s economic calendar brings familiar names – the ISM Manufacturing and Services indices – but the real focus is the return of government labor...
Costly refugee funding on the table as they rake in over a dozen taxpayer benefits

Costly refugee funding on the table as they rake in over a dozen taxpayer benefits

By Sarah Roderick-FitchThe Center Square As American taxpayers are plagued with high housing costs, rising medical expenses and other costs, many refugees continue to qualify for over a dozen costly...
IL U.S. Senate candidates differ on Affordable Care Act tax credits

IL U.S. Senate candidates differ on Affordable Care Act tax credits

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – As Illinois Democrats call for an extension of federal tax credits to address higher Affordable Care Act...
Protesters mobilize in wake of Maduro capture

Protesters mobilize in wake of Maduro capture

By Morgan SweeneyThe Center Square A number of groups held protests across the country Saturday in the wake of the U.S. capture and removal of Venezuelan President Nicolas Maduro. The...
Pritzker: Trump’s military action in Venezuela is 'unconstitutional'

Pritzker: Trump’s military action in Venezuela is ‘unconstitutional’

By Jim TalamontiThe Center Square President Donald Trump is praising the United States military for capturing Venezuelan dictator Nicolas Maduro, but Illinois Gov. J.B. Pritzker says the president’s action is...
Bipartisan lawmakers slam U.S. takeover of Venezuela

Bipartisan lawmakers slam U.S. takeover of Venezuela

By Andrew RiceThe Center Square Lawmakers have sharply criticized the United States' takeover of Venezuela on Saturday. President Donald Trump said the U.S. will run Venezuela "until such a time...
Michael Farrell

Homer Glen Man Charged with Reckless Discharge, Battery to Deputy Following Standoff

Article Summary: Michael Farrell, 52, was arrested after firing over a dozen shots from his home, triggering a SWAT response and a shelter-in-place order for neighbors on December 28. Deputies...
WATCH: Trump says U.S. will run Venezuela for foreseeable future

WATCH: Trump says U.S. will run Venezuela for foreseeable future

By Sarah Roderick-FitchThe Center Square The U.S. will run Venezuela “until such time as we can do a safe, proper and judicious transition,” President Donald Trump said Saturday following the...
World leaders call for UN response after Maduro capture

World leaders call for UN response after Maduro capture

By Morgan SweeneyThe Center Square The international community is reacting to the news that President Donald Trump announced early in the morning on social media: The U.S. carried out a...
Democrats slam Venezuelan strikes, Maduro capture

Democrats slam Venezuelan strikes, Maduro capture

By Andrew RiceThe Center Square Democratic lawmakers criticized President Donald Trump's announcement of land strikes against Venezuela and leader Nicolas Maduro's capture. In a post to social media, Trump announced...
Trump sheds more light on Venezuela strike, Maduro capture

Trump sheds more light on Venezuela strike, Maduro capture

By Sarah Roderick-FitchThe Center Square President Donald Trump shed more light on the strikes on Venezuela and the operation to capture Venezuelan President Nicolas Maduro. During an interview on Fox...
Congressional Republicans support Venezuela strikes, Maduro capture

Congressional Republicans support Venezuela strikes, Maduro capture

By Andrew RiceThe Center Square Republican leaders in the U.S. House of Representatives and Senate are reacting to President Donald Trump's announcement of the capture of Venezuelan leader Nicolas Maduro...
With Maduro, wife in custody, Bondi says they will be tried on U.S. soil

With Maduro, wife in custody, Bondi says they will be tried on U.S. soil

By Sarah Roderick-FitchThe Center Square Following U.S. strikes against Venezuela resulting in the capture of Venezuelan President Nicolas Maduro and his wife, Attorney General Pam Bondi said Saturday the Maduros...