Will County Finance Logo

Meeting Summary and Briefs: Will County Board Finance Committee for January 6, 2026

Spread the love

Will County Board Finance Committee Meeting | January 6, 2026

Meeting Summary
The Will County Board Finance Committee met on Tuesday, January 6, 2026, to handle a light agenda of routine financial housekeeping. The committee quickly approved tax abatements for general obligation bonds and passed budget adjustments for the Coroner and Health Department. The session was marked by a smooth approval of all agenda items, followed by a sharp procedural disagreement during the “other business” portion of the meeting regarding a stalled education scholarship referendum.

News Briefs

Bond Tax Abatements Approved:
The committee approved two resolutions abating taxes for General Obligation Refunding Bonds, Series 2025A and 2025B. This is a standard annual procedure where the county abates the property tax levy for these bonds because other revenue sources are available and sufficient to pay the debt service for the coming year.

Coroner Receives Grant Funding:
The board approved the appropriation of $5,000 into the Coroner’s Office budget. The funds are from a grant provided by “Missing Pieces” and Lurie Children’s Hospital. The grant supports the SUDORS (State Unintentional Drug Overdose Reporting System) program. The funds were not originally budgeted because the grant award was not guaranteed at the time the fiscal year budget was created.

Health Department Budget Amendment:
Committee members voted to approve a budget amendment within the Will County Health Department’s FY2026 budget. The resolution adjusts the budget by $33,450 to account for projected expenses and revenue for a Community-Wide Cannabis Education and Outreach initiative. The amendment reflects that cannabis funding was not allocated for this specific initiative, requiring non-personnel expenses to be removed.

Routine Transfers and Minutes:
The committee approved a standard FY25 budget transfer to clean up line items from the previous fiscal year. Additionally, the committee formally approved the minutes from the November 4 and November 12, 2025, meetings. Those previous minutes documented the contentious debates regarding the 2025 tax levy and the compromise that led to a 1.75% levy, though no new action was taken on those items Tuesday.

Today Jun 11
Sunny
80° 61°

Sunny

💨 10 to 15 mph 💧 0%

Leave a Comment





Latest News Stories

White House urges state AGs to target, punish Medicaid fraudsters

White House urges state AGs to target, punish Medicaid fraudsters

By Thérèse BoudreauxThe Center Square White House officials urged a group of state attorneys general to partner with the Trump administration to combat fraud in welfare programs and hold fraudsters...
NASA unveils $1B moon base push amid cost questions

NASA unveils $1B moon base push amid cost questions

By Brett RowlandThe Center Square NASA unveiled nearly $1 billion in new moon base contracts Tuesday as its top official called for less reliance on taxpayer funding and a faster...
Drug-discount program likely to expand in Illinois, despite lax oversight

Drug-discount program likely to expand in Illinois, despite lax oversight

By Sean Reed | The Center SquareThe Center Square (The Center Square) – An initiative to expand a federal program that provides drug discounts to hospitals and clinics in Illinois...
Analyst warns Bears megaproject bill could raise taxes

Analyst warns Bears megaproject bill could raise taxes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A tax policy analyst says he is glad the Cook County Treasurer’s Office issued a report on...
Chicago proposes funding tax rebates with salaries from vacant city jobs

Chicago proposes funding tax rebates with salaries from vacant city jobs

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Five Chicago aldermen have proposed new property tax rebates to be funded by salaries for vacant city...
Ceasefire remains in effect as U.S., Iran exchange fire

Ceasefire remains in effect as U.S., Iran exchange fire

By Sarah Roderick-FitchThe Center Square The ceasefire between the U.S. and Iran remains in effect despite strikes against the Islamic Republic and the country’s supreme leader renewing threats against the...
Illinois news in brief: Prosecutors charge man with using care in attempt to kill cops; Military higher education bill goes to governor; Burrito chain closes locations in Chicago area

Illinois news in brief: Prosecutors charge man with using care in attempt to kill cops; Military higher education bill goes to governor; Burrito chain closes locations in Chicago area

By Jim Talamonti | The Center SquareThe Center Square Prosecutors charge man with using care in attempt to kill cops Prosecutors charged a Plainfield teen with attempted murder, aggravated battery...
Frankfort School District 157-C.2

Frankfort Board Weighs Higher Substitute Pay Amid Staffing Shortages

Frankfort School District 157-C Board of Education Meeting | April 21, 2026 Article Summary: The Frankfort School District 157-C Board of Education on April 21, 2026, reviewed a proposal to...
Screenshot 2026-05-23 at 7.23.02 PM

Lincoln-Way North to Host TV Pilot Filming Under $210,000 Rental Deal

Lincoln-Way Community High School District 210 Meeting | May 21, 2026 Article Summary: The Lincoln-Way District 210 Board of Education on Thursday, May 21, 2026, unanimously approved a rental agreement...
frankfort township graphic

Frankfort Township Closes Fiscal Year With $2.48 Million General Fund Balance

Frankfort Township Annual Town Meeting | April 14, 2026 Article Summary: Frankfort Township's unaudited Supervisor's Annual Report, presented at the April 14, 2026, Annual Town Meeting, shows the General Town...
Analysts: Redistricting to cost taxpayers, while slowly shifting election outcomes

Analysts: Redistricting to cost taxpayers, while slowly shifting election outcomes

By Andrew RiceThe Center Square As states engage in unprecedented mid-decade redistricting across the country, analysts predicted taxpayers will foot the bill while changes in representation will come slowly over...
Trump honors fallen service members, vows Iran will not obtain nuclear weapon

Trump honors fallen service members, vows Iran will not obtain nuclear weapon

By Andrew RiceThe Center Square President Donald Trump, Vice President JD Vance and other top cabinet officials honored fallen American service members in celebration of Memorial Day and vowed Iran...
Stephen Colbert returns to community show after final 'Late Show' appearance

Stephen Colbert returns to community show after final ‘Late Show’ appearance

By Elyse ApelThe Center Square Hours after his final appearance on "The Late Show with Stephen Colbert," Stephen Colbert guest hosted a local community TV show in Michigan called "Only...
Illinois dual office holding debate intensifies amid Calumet funding, ethics concerns

Illinois dual office holding debate intensifies amid Calumet funding, ethics concerns

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Ethics advocates say Illinois’ loose restrictions on dual office holding leave the door open to conflicts...
School choice Yass Prize awards continue, $20M worth of grants awarded nationwide

School choice Yass Prize awards continue, $20M worth of grants awarded nationwide

By Bethany BlankleyThe Center Square School choice awards continue nationwide through a Yass Prize launched five years ago. A deadline for a $1 million Yass Prize school choice award is...