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Wilmington district reports assessed-value rise but lower tax rate; budget hearing dates set
Summary
The board reviewed Will County’s extended tax-rate calculation showing a 7.27% assessed-value increase for 2026 and a total tax rate drop to 3.6971; it set tentative amended budget hearings for May 11 and June 8, 2026.
Superintendent Kevin Feeney briefed the Wilmington Community Unit School District No. 209‑U board on the Will County Clerk’s extended tax-rate calculation, noting the district’s 2026 assessed value (AV) of $333,377,829 — a 7.27% increase from 2025 — and a 2026 total tax rate of 3.6971, down from 4.0117 in 2025.
The board voted to publish a Tentative Amended Budget and hold hearings on May 11, 2026 at 6:15 p.m. and June 8, 2026 at 6:15 p.m.; the budget will be on display beginning May 1, 2026. The motions to set the hearings and display dates were approved by roll call with board members present voting in favor and two members recorded absent. Fund balances as of March 31, 2026 were presented as part of the financial packet. The board did not adopt a final levy at the meeting; the hearings are the next formal steps.
