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Comptroller: Kankakee’s August financials broadly on track; reserves and ARPA spending highlighted
Summary
Comptroller Rogers told the Budget Committee on Sept. 8 that preliminary August financial statements show revenues and expenditures generally in line with expectations, noted timing variances for licenses and grants, reported increased city reserves to meet a goal set in 2022, and said about $1.8 million remains unspent in ARPA allocations.
KANKAKEE, Ill. — Comptroller Rogers told the City of Kankakee Budget Committee on Sept. 8 that preliminary August 2025 financial statements are “very rough interim financials” but broadly in line with budget expectations.
Rogers said the city is about four months into the fiscal year and should be roughly 33% through the budget. She flagged licensing revenues as below expectations because of timing: many license fees are due either early or late in the year. Grants and service charges also showed timing variance,…
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