JJC Board Approves 2025 Tax Levy and Bond Abatement
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.
Latest News Stories
Republican data privacy bill scrutinized in congressional hearing
World Cup: Economic impact equation includes displaced regular tourism
Illinois Quick Hits: Johnson says comptroller running is ‘no breaking news’
Trump targets 60 economies with forced labor tariffs
Lawmakers probe $1.2B Ohio Medicaid fraud
Debt burden, pensions burden Chicago Public Schools
Nearly 100,000 Illinois Uber, Lyft drivers may soon be able to unionize
Michigan lawmakers spar over Rx Kids program amid oversight concerns
UPDATED: Waters, other incumbents ahead in LA congressional races
GOP rep: New budget shows ‘addiction’ to taxes
Retirees face $5,500 average cut to annual Social Security benefits in 2032
Illinois Quick Hits: Comptroller Mendoza announces run for Chicago mayor