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Will County committee weighs countywide policy for rounding cash tax payments after pennies are discontinued
Summary
The committee discussed a proposed policy for the Will County Treasurer's office to handle cash tax payments after the United States Mint discontinues pennies; Treasurer-office representative Brophy estimated a worst‑case rounding impact of about $20,000 but said a more realistic estimate is $3,000–$4,000, and legal counsel said treating cash payers uniformly posed no equal‑protection concern.
The Will County Finance Committee debated how the treasurer’s office should handle tax bills that include penny amounts if the United States Mint discontinues the penny.
Treasurer‑office speaker Brophy told the committee that, if every tax bill were paid in cash and rounding were required, “this might amount to $20,000.” He later said, “In reality, it it probably means more like 3 or $4,000,”…
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