Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Will County finance staff reports final 2025 levy extension of $159 million; committee hears explanation of limiting rate and supplemental levy
Summary
Finance staff reported a final 2025 tax levy extension of $159,000,000—about $756,421 higher than the estimate—driven partly by roughly $52,000,000 in new property; staff explained the limiting rate and referenced Public Act 102 / Senate Bill 508 as the statutory basis for a 2021 supplemental levy adjustment.
Will County Finance Committee members reviewed final 2025 levy‑extension figures that staff said will feed into the county’s 2026 budget and property tax bills.
"The final levy number is a 159,000,000, which is 756,000, up from the estimate of a 158,700,000," finance presenter Rishon told the committee, noting the final numbers included a supplemental…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
