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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

5955595 · October 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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