Will County Board Finance Committee met Sept. 3

Vince Logan, District 7 (R - Joliet) | Will County Board Website

By Philip Gonzales

Sep 4, 2024

Will County Board Finance Committee met Sept. 3.

Here is the agenda provided by the committee:

I. CALL TO ORDER

II. PLEDGE OF ALLEGIANCE TO THE FLAG

III. ROLL CALL

IV. APPROVAL OF MINUTES

1. WC Finance Committee - Regular Meeting - Aug 6, 2024 11:00 AM

V. OLD BUSINESS

1. Authorizing Payment to HERO

(Jan Dombrowski, Executive Director)

VI. OTHER OLD BUSINESS

VII. NEW BUSINESS

1. Budget Discussion - Revenue

(ReShawn Howard)

2. RNG Facility Financial Summary

(Gregory Komperda)

3. Assignment of Tax Sale Certificates

(Jennifer Alberico)

4. Authorizing County Executive to Execute Necessary Documents for Delinquent Tax Program

(Jennifer Alberico)

5. Abating the Taxes Heretofore Levied in Tax Levy Year 2024 for the Year 2025 to Pay Debt Service of $7,635,822 on the $42,030,000 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 2024 for the Year 2025 to Pay Debt Service of $5,406,425 on the $53,060,000 Outstanding Principal Amount of General Obligation Building Will Bonds (Alternate Revenue Source), Series 2019, of the County of Will, Illinois

(Karen Hennessy)

7. Abating the Taxes Heretofore Levied in Tax Levy Year 2024 for the Year 2025 To Pay Debt Service of $4,921,200 on the $11,005,000 Outstanding Principal Amount of General Obligation Refunding Bonds (Alternate Revenue Source), Series 2015A, of the County of Will, Illinois.

(Karen Hennessy)

8. Abating the Taxes Heretofore Levied in Tax Levy Year 2024 for the Year 2025 to Pay Debt Service of $1,453,550 on the $34,720,000 Outstanding Principal Amount of General Obligation Building Will Bonds (Alternate Revenue Source), Series 2016, of the County of Will, Illinois.

(Karen Hennessy)

9. Abating the Taxes Heretofore Levied in Tax Levy Year 2024 for the Year 2025 to Pay Debt Service of $5,947,127 on the $162,675,000 Outstanding Principal Amount of General Obligation Building Will Bonds (Alternate Revenue Source), Series 2020, of the County of Will, Illinois.

(Karen Hennessy)

10. Abating the Taxes Heretofore Levied in Tax Levy Year 2024 for the Year 2025 to Pay Debt Service of $4,619,250 on the $36,385,000 Outstanding Principal Amount of General Obligation Renewable Natural Gas Facility Bonds (Alternate Revenue Source), Series 2021, of the County of Will, Illinois.

(Karen Hennessy)

11. Authorizing Use of Contingency Funds for Postage

(ReShawn Howard)

12. Transferring Appropriations Within the Health Department Budget

(Elizabeth Bilotta)

13. Appropriating Grant Funds Within the Will County Health Department Budget (Elizabeth Bilotta)

VIII. OTHER NEW BUSINESS

IX. PUBLIC COMMENT

X. ANNOUNCEMENTS/REPORTS BY CHAIR

XI. EXECUTIVE SESSION

XII. ADJOURNMENT

NEXT REGULARLY SCHEDULED MEETING IS SCHEDULED FOR TUESDAY, OCTOBER 1ST, 2024 AT 11:00AM.