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Commission adopts 2026 tax rates and approves tax-sale minutes; auditors closed with minor findings
Summary
Kane County adopted 2026 tax rates (county portion rate 0.001978), approved the 2026 tax sale minutes and received a year-to-date financial update showing funds on track; staff said audits finished with a few findings to be addressed.
On June 9 the Kane County Commission adopted certified tax rates for 2026, approved the minutes of the county's 2026 tax sale and received an end-of-May financial update from county finance staff.
Clerk/Auditor (S2) explained that the county portion of the tax rate is 0.001978, which the clerk said would generate approximately $5,877,289 in county property-tax revenue and that the increase from new growth is about $205,444. A second county rate was cited as 0.000301, projected to produce $905,004 (new growth $33,995). Staff said overall rates fell slightly compared with the previous year because valuations rose in aggregate, but that the county will capture new growth revenue without proposing a rate increase.
On the tax sale, staff said 39 parcels were initially eligible, nine were redeemed and the majority of parcels sold at auction to a single bidder (Ann Marie Blanchard), with one parcel sold to Robert and Mary Foley. The clerk explained county practice: proceeds cover fees and past-due taxes first; unclaimed owner proceeds are held for a statutory period and then transferred to the state if not claimed.
Finance staff also delivered a fund-by-fund update through May showing general fund revenues currently below where they will be after property-tax receipts arrive later in the year, and highlighted the county's handling of RTT/TRT allocations, RS2477 litigation billing (expected 75% reimbursement up to $500,000) and capital projects such as the recreation center.
