Meeting Briefs

Will County Finance Committee July 1 Meeting Briefs

Spread the love

Bond Refinancing Advances: Finance Committee approved an ordinance authorizing up to $200.8 million in bond refinancing that could save taxpayers more than $716,000. The measure moves to the full County Board for July 17 consideration.

Budget Performance Update: County corporate fund shows $58.3 million in revenue through May, representing 21.3% of annual budget, while expenses total $117.8 million or 43% of budget. Property tax receipts remain low at 2.8% pending June distribution.

Grant Appropriations Approved: Committee approved several grant appropriations including $4,386 from Lurie Children’s Hospital for coroner services to families impacted by child deaths, and $100,000 from Illinois Environmental Protection Agency.

Stipend Payments Authorized: County will distribute $26,000 in state stipend payments to elected officials, with $6,500 each going to the auditor, coroner, sheriff, and treasurer positions.

Equipment Disposal Authorized: Committee approved declaring surplus various county vehicles and equipment for competitive bidding disposal, including a 10-year-old customized recreation vehicle from Workforce Services.

Enterprise Zone Fees: Land Use Department received authorization to appropriate $33,582 in enterprise zone fees for professional dues and memberships to support community development events.

Tax Certificate Assignment: Committee approved assignment of tax sale certificate 23-01255 for property in district 30-07-10-403-011-0000 as part of routine property tax collection processes.

Leave a Comment





Latest News Stories

L.A. congresswoman insists on health insurance tax credits

L.A. congresswoman insists on health insurance tax credits

By Dave MasonThe Center Square Democrats won’t reopen the federal government if America’s health care remains at risk, U.S. Rep. Maxine Waters, D-Los Angeles, told thousands of people at AIDS...
Newsom threatens university funding over Trump's education deal

Newsom threatens university funding over Trump’s education deal

By Esther WickhamThe Center Square California Gov. Gavin Newsom warned state universities that signing the Trump administration's education agreement would put them in direct conflict with his administration. Newsom issued...
Former Los Angeles schools chief runs against city's mayor

Former Los Angeles schools chief runs against city’s mayor

By Dave MasonThe Center Square Andrew Beutner, former superintendent of the Los Angeles Unified School District, announced Monday he’s running against Mayor Karen Bass. Beutner, 65, launched his campaign during...
Illinois quick hits: WARN report layoffs total 1,689; Powerball winners in Rochelle and Colona

Illinois quick hits: WARN report layoffs total 1,689; Powerball winners in Rochelle and Colona

By Jim Talamonti | The Center SquareThe Center Square WARN report layoffs total 1,689 According to the latest Illinois Worker Adjustment and Retraining Notification Act (WARN) notice, 1,689 employees across...
No ethics reform in sight as ex-speaker’s scheduled prison term begins

No ethics reform in sight as ex-speaker’s scheduled prison term begins

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – As his predecessor’s scheduled 7.5-year prison term for public corruption begins, the speaker of the Illinois House...
Trump losing ground on economy, poll finds

Trump losing ground on economy, poll finds

By Brett RowlandThe Center Square Donald Trump rode a poor economy back to the White House during his 2024 campaign, but seven months into his second term, most voters aren't...
Major tech company to cut H-1B visas amid Trump pressure, fee

Major tech company to cut H-1B visas amid Trump pressure, fee

By Andrew RiceThe Center Square Tata Consultancy Services, a large employer of H-1B visa holders in the United States, will stop using the program due to new fees from the...
US, India to hold new round of trade talks, with focus on energy

US, India to hold new round of trade talks, with focus on energy

By Alton WallaceThe Center Square India and the United States will resume trade talks this week in Washington, with the Trump administration seeking increased purchases of U.S. oil and gas...
Johnson: Republicans 'have plans' to 'fix' Obamacare

Johnson: Republicans ‘have plans’ to ‘fix’ Obamacare

By Thérèse BoudreauxThe Center Square As the ongoing government shutdown enters its third week, Republican leaders are reminding Democrats that by blocking the House-passed funding bill, they are also delaying...
Illinois House Speaker: 'Mr. Trump, tear down this fence!'

Illinois House Speaker: ‘Mr. Trump, tear down this fence!’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The speaker of the Illinois House has compared a fence outside U.S. Immigration and Customs Enforcement in...
Energy cost concerns loom as legislators look at policy changes

Energy cost concerns loom as legislators look at policy changes

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois legislators are set to begin the fall veto session Tuesday with some worried electric rate increases...
PJM exit: A price solution or power move?

PJM exit: A price solution or power move?

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – Surging electricity demand, an aging grid, and generation sources retiring faster than new ones can be...
Broadview, Illinois reduces ICE protest zone after ‘chaos,’ 15 arrests

Broadview, Illinois reduces ICE protest zone after ‘chaos,’ 15 arrests

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The village of Broadview, Illinois is reducing the area where protesters can stage near the Immigration and...
Illinois’ ‘F’ grade leaves taxpayers on the hook for billions, watchdog says

Illinois’ ‘F’ grade leaves taxpayers on the hook for billions, watchdog says

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Budget gimmicks, pension debt and late financial reports are leaving Illinois taxpayers in the dark, according...
Illinois quick hits: Chicago Jewish Alliance on peace developments; Blue Ribbon Schools announced

Illinois quick hits: Chicago Jewish Alliance on peace developments; Blue Ribbon Schools announced

By Jim Talamonti | The Center SquareThe Center Square Chicago Jewish Alliance on peace developments The Chicago Jewish Alliance has offered a response to the release of 20 hostages held...