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.

⚠️ Hydrologic Outlook issued June 21 at 3:59AM CDT by NWS Chicago IL
⚠️ Hydrologic Outlook issued June 20 at 2:22PM CDT by NWS Chicago IL
Today Jun 20
Rain Showers
72° 58°

Rain Showers

💨 0 to 15 mph 💧 97%

Leave a Comment





Latest News Stories

Illinois housing affordability efforts pit tax cuts against new spending

Illinois housing affordability efforts pit tax cuts against new spending

By Sean ReedThe Center Square As homeownership may be growing out of reach for many young residents, Illinois lawmakers are split between trimming taxes and growing state programs. Republicans are...
Report: AAMC’s claims that patients are better treated by doctor of same race debunked

Report: AAMC’s claims that patients are better treated by doctor of same race debunked

By Tate MillerThe Center Square A new report from medical group Do No Harm debunks claims of the benefits of racial concordance, or the matching of doctors’ and patients’ races,...
Coloradans react to ruling against ban on conversion therapy

Coloradans react to ruling against ban on conversion therapy

By Chris WoodwardThe Center Square Coloradans have mixed reactions to this week's U.S. Supreme Court ruling against the state's ban on conversion therapy for the LGBTQIA+ community. At issue in...
Illinois Quick Hits: Chicago city workers owe more than $19M

Illinois Quick Hits: Chicago city workers owe more than $19M

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago city workers reportedly owe more than $19 million in traffic tickets, water bills and fines, yet...
Screenshot 2026-05-05 at 1.39.16 PM

JJC Board Prepares for 2028 Bond Expiration, Advances Grundy Campus Despite Objections

Joliet Junior College Board of Trustees Meeting | March 11, 2026 Article Summary: Joliet Junior College is laying the groundwork for a potential future referendum and advancing its Grundy County expansion...
Attorney expects conversion therapy ruling to impact Illinois ban

Attorney expects conversion therapy ruling to impact Illinois ban

By Jim TalamontiThe Center Square Illinois’ ban on conversion therapy may be challenged in the near future. Last week, the U.S. Supreme Court ruled 8-1 against a similar prohibition in...
White House govt funding request for 2027 cuts $73 billion

White House govt funding request for 2027 cuts $73 billion

By Thérèse BoudreauxThe Center Square The White House proposes a dramatic increase in defense spending in fiscal 2027 while significantly reducing spending in other departments, according to its budget submission...
Dems sue over Trump's executive order on mail-in ballots

Dems sue over Trump’s executive order on mail-in ballots

By Dave MasonThe Center Square Democratic officials from 23 states and the District of Columbia announced Friday they're suing to block President Donald Trump’s recent executive order regulating mail-in and...
GAO again warns Congress about nation's 'unsustainable fiscal path'

GAO again warns Congress about nation’s ‘unsustainable fiscal path’

By Brett RowlandThe Center Square A federal watchdog warned Congress on Friday about the nation's mounting fiscal dangers, urging lawmakers to address what it called an "unsustainable fiscal path." The...
Millionaire’s tax proposal draws mixed reviews as deadline approaches

Millionaire’s tax proposal draws mixed reviews as deadline approaches

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Supporters of a 3% surcharge on income more than $1 million have less than a month to...
U.S. fighter jet shot down over Iran; frantic search and rescue underway

U.S. fighter jet shot down over Iran; frantic search and rescue underway

By Sarah Roderick-FitchThe Center Square A U.S. fighter jet has been shot down over southern Iran, as a search and rescue mission is underway, according to multiple reports. Reports indicate...
Universities warn state funding delays are wasting millions in taxpayer investment

Universities warn state funding delays are wasting millions in taxpayer investment

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Long‑delayed university repair funding is leaving campuses across the state with holes in their roofs, and in...
Trump seeks 44% increase to boost military budget to $1.5 trillion

Trump seeks 44% increase to boost military budget to $1.5 trillion

By Brett RowlandThe Center Square President Donald Trump on Friday unveiled a budget that calls for a 44% increase in military spending, aiming to bolster the nation's defenses, but the...
Illinois Quick Hits: Loyola student's alleged killer faces federal firearm charge

Illinois Quick Hits: Loyola student’s alleged killer faces federal firearm charge

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An 18-year-old Loyola University student’s accused killer has also been charged with illegal possession of a firearm....
U.S. adds 178k jobs in 'strong' March report amid Iran conflict

U.S. adds 178k jobs in ‘strong’ March report amid Iran conflict

By Andrew RiceThe Center Square The U.S. economy added 178,000 jobs in March, exceeding expectations, after one month of conflict between the United States and Iran. The unemployment rate dropped...