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

Trump shares look at Qatari aircraft for AF1

Trump shares look at Qatari aircraft for AF1

By Andrew RiceThe Center Square President Donald Trump shared a look at a new aircraft with The Center Square on Friday that will serve as Air Force One. The Air...
Feds plan for student loan interest rates could cost taxpayers

Feds plan for student loan interest rates could cost taxpayers

By Esther WickhamThe Center Square The U.S. Department of Education is reducing student loan interest rates for borrowers, but critics argue the move could cost taxpayers billions of dollars. The...
Altadena residents upset about multiple homes on lots

Altadena residents upset about multiple homes on lots

By Chris WoodwardThe Center Square A member of the Los Angeles County Board of Supervisors is frustrated with state laws allowing multiple homes to be built on single-home sites in...
WATCH: GOP lawmaker voices opposition to gas tax increase

WATCH: GOP lawmaker voices opposition to gas tax increase

By Madeline ShannonThe Center Square California drivers can expect the state’s gas tax to go up 2.2 cents on July 1, which will bring the total tax to 63.4 cents...
Experts comment on bill banning U.S. lawmakers from insider prediction bidding

Experts comment on bill banning U.S. lawmakers from insider prediction bidding

By Thérèse BoudreauxThe Center Square Newly introduced legislation to ban members of Congress from betting in prediction markets should be expanded to include members of all three branches of the...
GOP reacts to Los Angeles proposal for noncitizen voters

GOP reacts to Los Angeles proposal for noncitizen voters

By Robert MattesonThe Center Square The Los Angeles City Council is facing criticism from a Republican Party leader after deciding to move forward with a Nov. 3 ballot initiative to...
Will County Board Graphic.03

Will County Committee Pulls Single-Member District Referendum

Will County Board Executive Committee Meeting | June 11, 2026 Article Summary: The Will County Board Executive Committee on Thursday, June 11, 2026, removed a proposed referendum on single-member county...
Cook County taxpayers face projected $550.7 million deficit

Cook County taxpayers face projected $550.7 million deficit

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Cook County Board President Toni Preckwinkle has projected a budget gap of $550.7 million dollars for fiscal...
Further Middle East unrest dominates tense delay of peace deal signing

Further Middle East unrest dominates tense delay of peace deal signing

By Morgan SweeneyThe Center Square In a day that was supposed to feature technical negotiations following the signing of a preliminary peace deal, Iran has instead issued multiple warnings and...
Illinois Quick Hits: Economic development summit set for next week

Illinois Quick Hits: Economic development summit set for next week

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Economic Development Summit is scheduled for Wednesday and Thursday. Topics include transportation, energy, workforce strategy,...
California legislator accuses Newsom of violating state code

California legislator accuses Newsom of violating state code

By Robert MattesonThe Center Square Assemblymember Carl DeMaio, R-San Diego, has commented further about his call for California Gov. Gavin Newsom to be investigated for using state resources for personal...
Op-Ed: What is the Declaration of Independence?

Op-Ed: What is the Declaration of Independence?

By Rob Natelson | Mountain States Policy CenterThe Center Square I frequently answer constitutional questions from individuals who want to know more about the relationship between the Constitution and the...
Illinois sees biggest drop in gas prices nationwide, still above $4 average

Illinois sees biggest drop in gas prices nationwide, still above $4 average

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The national average price for a gallon of motor fuel has steadily dropped in the past week,...
Democrats run against DeGette in Denver congressional race

Democrats run against DeGette in Denver congressional race

By Andrew RiceThe Center Square Voters in Colorado’s 1st Congressional District will consider tax policies and affordability concerns as they head to the polls on June 30. The district consists...
Minnesota special districts report $5.4B debt, federal aid declines

Minnesota special districts report $5.4B debt, federal aid declines

By Elyse ApelThe Center Square Minnesota's special districts reported $5.4 billion in outstanding long-term debt in 2023, while increasingly relying on state funding as pandemic-era federal aid declined. This is...