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Public-safety tax exceeds expectations but county faces bond balloon and jail staffing questions
Summary
Finance staff said the public-safety tax is generating more revenue than expected, allowing the county to pay interfund loans ahead of schedule, but a balloon bond payment due in 2029 and jail staffing and population rules complicate long-term planning.
LEE COUNTY, Ill. — County staff told the Finance Committee that receipts from the half-cent public-safety sales tax have outpaced earlier projections and allowed the county to pay down an interfund loan for the new Law Enforcement Center ahead of schedule. However, staff warned of a large balloon bond payment coming in 2029 and described operational challenges tied to jail population and staffing rules.
Jeremy (staff member) said the public-safety fund will generate enough revenue to retire a remaining interfund loan balance (about $615,000)…
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