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Comptroller report: general fund ahead of schedule; property tax rate to drop to 3.971

Kankakee City Council · January 21, 2026
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 Budget Committee reported that general fund revenues were about 67% of budget at the time of the December review, departments were on track to finish at or below budget, and the city's property tax rate was estimated to fall to 3.971, the lowest since 2007.

Alderman O'Brien summarized the Budget Committee's Dec. 8 meeting, saying the comptroller reviewed the city's November financial statements and reported general fund revenues at roughly 67% of budget for that point in the fiscal year. Committee members discussed a line-item related…

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