Finance staff reports FY2025 surplus; board asks for delinquent tax‑sale breakdown

Rashaun, a finance department staff member, presented the preliminary FY2025 corporate fund budget‑to‑actual report to the Will County Finance Committee, reporting actual revenue of $280,700,000 and year‑to‑date expenses of $260,800,000 through the November close. He said property taxes and intergovernmental (largely sales tax) revenues were primary drivers and that personnel (salaries and benefits) account for roughly 75% of expenditures.

Rashaun said the county’s cash balance at Nov. 30 was $105,500,000, which represents about 36% of the county’s adopted FY2026 corporate fund budget ($286,300,000). He noted some FY2025 capital projects completed late and carried costs into FY2026; overall, expenses were under budget at approximately 95% expended.

During questions, a committee member requested a breakdown of delinquent tax‑sale results — how many homes were sold in the sheriff’s delinquent tax sale and whether they were the result of mortgage foreclosures or unpaid property taxes. Finance staff said the treasurer’s office may not hold that level of specificity and suggested the sheriff’s published sale notices are the primary source for foreclosure versus tax‑sale cause. Finance staff committed to consult the treasurer’s office and provide whatever data are available to the committee.

The committee then approved routine year‑end budget transfers and several appropriations (including a $50,000 appropriation to circuit court technology modernization from the Administrative Office of Illinois Courts), trustee resolutions related to delinquent tax sales, and an appropriation of unexpended funds for the Illinois Department of Human Services. Each motion carried without recorded dissent.