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Finance committee reviews August reports showing declines in gaming, hotel and food-and-beverage receipts; push tax collections limited by litigation
Summary
The committee reviewed monthly financial reports for July/August showing declines in video gaming, hotel-motel and food-and-beverage taxes. Casino visitor and revenue figures were presented, and push-tax collections remain limited while litigation continues.
The Waukegan Finance and Purchasing Committee on Monday reviewed monthly revenue and operational reports showing mixed results and several declines compared with a year earlier.
The committee heard that water consumption for July (billed in August) was 246,670 gallons and the billed amount totaled $1,709,820. The Stabilization Fund (Fund 714) balance as of August 2025 was $9,272,156; the fund requirement was listed at $8,531,952, leaving an unrestricted balance of $740,204.
Video gaming tax collected for July 2025 was $117,895.20,…
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