Will County Finance Committee met Sept. 1.
Here is the agenda provided by the committee:
I. CALL TO ORDER / ROLL CALL
II. PLEDGE OF ALLEGIANCE TO THE FLAG
III. APPROVAL OF MINUTES
1. WC Finance Committee - Regular Meeting - Aug 4, 2020 10:00 AM
IV. OLD BUSINESS
V. NEW BUSINESS
1. Appropriating Grant Funds in the Sheriff's FY2020 Budget from the State Criminal Alien Assistance Program (SCAAP) (Undersheriff Brian Conser)
2. Correcting Scrivener's Error on Resolution #20-225 (Susan Olenek)
3. Transfer of Funds in the Will Count Health Department - Will County Community Health Center's FY2020 Budet (Susan Olenek)
4. Appropriating Grant Funds in the Will County Community Health Center FY2020 Budget for Capital Grant (Susan Olenek)
5. Abating the Taxes Heretofore Levied in Tax Levy Year 2020 for the Year 2021 to Pay Debt Service on $62,195,000 Outstanding Principal Amount of General Obligation Transportation Improvement Bonds (Alternate Revenue Source), Series 2010, of The County of Will, Illinois. (Karen Hennessy)
6. Abating the Taxes Heretofore Levied in Tax Levy Year 2020 for the Year 2021 to Pay Debt Service on $10,025,000 Outstanding Principal Amount of General Obligation Refunding Bonds (Alternate Revenue Source), Series 2012, of The County of Will, Illinois. (Karen Hennessy)
7. Abating the Taxes Heretofore Levied in Tax Levy Year 2020 for the Year 2021 to Pay Debt Service on $5,480,000 Outstanding Principal Amount of General Obligation Refunding Bonds (Alternate Revenue Source), Series 2014, of The County of Will, Illinois. (Karen Hennessy)
8. Abating the Taxes Heretofore Levied in Tax Levy Year 2020 for the Year 2021 to Pay Debt Service on $14,015,000 Outstanding Principal Amount of General Obligation Refunding Bonds (Alternate Revenue Source), Series 2015A, of The County of Will, Illinois. (Karen Hennessy)
9. Abating the Taxes Heretofore Levied in Tax Levy Year 2020 for the Year 2021 to Pay Debt Service on $169,995,000 Outstanding Principal Amount of General Obligation Building Will Bonds (Alternate Revenue Source), Series 2016, of The County of Will, Illinois. (Karen Hennessy)
10. Abating the Taxes Heretofore Levied in Tax Levy Year 2020 for the Year 2021 to Pay Debt Service on $62,455,000 Outstanding Principal Amount of General Obligation Building Will Bonds (Alternate Revenue Source), Series 2019, of The County of Will, Illinois. (Karen Hennessy)
11. Update of Sales Tax and Cannabis Tax Collections (Karen Hennessy)
12. Transferring Appropriations within Various County Budgets (ReShawn Howard)
13. Authorizing County Executive to Execute Necessary Documents for Delinquent Tax Program (Jen Alberico)
14. Discussion of FY2021 Budget Proposal - Revenue (Discussion)
VI. OTHER NEW BUSINESS
VII. PUBLIC COMMENT
VIII. CHAIRMAN'S REPORT / ANNOUNCEMENTS
IX. EXECUTIVE SESSION
X. ADJOURNMENT
NEXT MEETING IS SCHEDULED FOR SEPTEMBER 15, 2020
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