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.

Leave a Comment





Latest News Stories

Meeting Briefs

Meeting Summary and Briefs: Will County Public Works & Transportation Committee for November 2025

Will County Public Works & Transportation Committee Meeting | November 2025 The Will County Public Works & Transportation Committee on Tuesday approved a landmark agreement to consolidate the Central Will...
Screenshot 2025-11-06 at 3.37.39 PM

Will County Committee Members Debate Future Capital Priorities, Clash on Borrowing

Will County Capital Improvements & IT Committee Meeting | November 4, 2025 Article Summary: After learning Will County could borrow over $100 million for new projects, members of the Capital Improvements...
Meeting Briefs

Meeting Summary and Briefs: Will County Planning and Zoning Commission for November 4, 2025

Will County Planning and Zoning Commission Meeting | November 4, 2025 The Will County Planning and Zoning Commission on Tuesday, November 4, 2025, considered a series of homeowner requests for...
Meeting Briefs

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025 The Will County Legislative Committee met on Tuesday, November 4, 2025, to continue developing its 2026 state and...
Screenshot 2025-11-05 at 4.18.41 PM

Will County Saves $5.7 Million in Bond Refinancing, Maintains High Credit Ratings

Will County Finance Committee Meeting | November 2025 Article Summary: A recent bond transaction successfully saved Will County over $5.7 million in future debt payments, while a presentation from the...
Meeting Briefs

Meeting Summary and Briefs: Manhattan Park Board for September 2025

Manhattan Park Board Meeting | September 2025 The Manhattan Park Board at its Thursday, September 11, 2025, meeting ratified the emergency purchase of a bucket truck to aid in park...
Screenshot 2025-11-05 at 3.23.31 PM

Manhattan Approves Purchase of FOIA Redaction Software for Police Department

Manhattan Village Board Meeting | November 4, 2025 Article Summary: To handle a surge in Freedom of Information Act (FOIA) requests for body-camera footage, the Manhattan Village Board approved the...
Illinois quick hits: Bailey to stay in governor's race

Illinois quick hits: Bailey to stay in governor’s race

By Jim Talamonti | The Center SquareThe Center Square Bailey to stay in governor's race Republican candidate Darren Bailey has decided to stay in the race for Illinois governor. In...
Report: Less than half of CPS students performing at grade level

Report: Less than half of CPS students performing at grade level

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Illinois Policy Institute policy analyst Hannah Schmid is sounding the alarm about the state’s dimming prospects...

WATCH: IL comptroller candidates focus on transparency, timely reporting

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Transparency is a key talking point for Illinois comptroller candidates. One Republican and five Democrats have filed...
Democratic senators under fire explain why they supported GOP bill to end shutdown

Democratic senators under fire explain why they supported GOP bill to end shutdown

By Thérèse Boudreaux | The Center SquareThe Center Square (The Center Square) – After breaking from the rest of the Democratic Caucus to help Republicans advance a deal that would...
Giannoulias ramps up campaign for state regulation of auto premiums

Giannoulias ramps up campaign for state regulation of auto premiums

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Secretary of State Alexi Giannoulias has expanded his campaign to regulate auto insurance rates. Giannoulias visited...
Illinois quick hits: Illinois U.S. senators split on shutdown vote

Illinois quick hits: Illinois U.S. senators split on shutdown vote

By Jim Talamonti | The Center SquareThe Center Square Illinois U.S. senators split on shutdown vote Illinois U.S. Senators Dick Durbin and Tammy Duckworth differed as the Senate voted to...
Joliet-Junior-college.-Graphic-Logo.3

Meeting Summary and Briefs: Joliet Junior College Board of Trustees for October 2025

Joliet Junior College Board of Trustees Meeting | October 15, 2025 The Joliet Junior College Board of Trustees took major steps on two significant, long-term projects during its October 15...
Screenshot 2025-11-06 at 3.37.51 PM

Will County Saves Nearly $5.74 Million in Bond Refinancing, Explores Future Borrowing Options

Will County Capital Improvements & IT Committee Meeting | November 4, 2025 Article Summary: The Will County Board’s Capital Improvements & IT Committee learned that the county has successfully saved nearly...