JJC Board Approves 2025 Tax Levy and Bond Abatement

Spread the love

Joliet Junior College Board Meeting | Dec. 10, 2025

Article Summary: The Joliet Junior College Board of Trustees approved the 2025 tax levy and voted to abate taxes related to two bond issues. The moves are intended to fund college operations while managing the tax burden on district residents.

Tax Levy Key Points:

  • Levy Approval: The board voted to approve the 2025 tax levy following a public hearing where no public comments were made.

  • Tax Rate: Discussion during the meeting indicated the tax rate is expected to be approximately 4.72.

  • Bond Abatement: The board approved the abatement of taxes for the 2018 and 2021 General Obligation Alternate Revenue Refunding Bond issues.

  • Truth in Taxation: Officials noted the levy request remained under the 5% threshold that triggers Truth in Taxation hearing requirements, though the college held the hearing for transparency.

The Joliet Junior College Board of Trustees on Wednesday, December 10, 2025, finalized its property tax request for the upcoming year.

Following a motion to suspend rules to allow for a public hearing—during which no members of the public spoke—the board voted to approve the 2025 tax levy.

Trustee Maureen Broderick questioned the administration regarding the tax rate cap. “My understanding is the grade schools have been asking for no more than 4.99,” Broderick said, seeking confirmation that the college’s rate would be around 4.72.

College officials confirmed the rate would be approximately 4.72. They also noted that while the levy increase was below the 5% threshold that legally mandates a Truth in Taxation hearing, the college maintains a practice of holding the hearing and publishing notices for “full disclosure.”

In addition to the operational levy, the board voted unanimously to abate (not collect) taxes associated with the 2018 and 2021 General Obligation Alternate Revenue Refunding Bonds. This standard financial practice uses other college revenue sources to pay off debt service, thereby reducing the property tax line item for district residents.


Leave a Comment





Latest News Stories

NL Police Chief

New Lenox Swears In New Police Chief Micah Nuesse, Deputy Chief Brandon Tilton

Article Summary: The New Lenox Police Department has new leadership after the Village Board formally swore in Micah Nuesse as the new Chief of Police and Brandon Tilton as Deputy...
Public education budgets balloon while enrollment, proficiency, standards drop

Public education budgets balloon while enrollment, proficiency, standards drop

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – In return for soaring state spending on education, Illinois taxpayers are getting chronic absenteeism, poor academic proficiency...
Meeting Briefs

Meeting Summary and Briefs: Will County Board Executive Committee for August 14, 2025

The Will County Board Executive Committee received a comprehensive update on the county's expenditure of $134 million in federal ARPA pandemic relief funds, learning that 61% of the total has...
new-lenox-fire-district-stations.3

New Lenox Fire District Approves Contract for $4 Million Station 62 Remodel

New Lenox Fire Protection District Meeting | July 2025 Article Summary: The New Lenox Fire Protection District Board of Trustees has approved a contract with Northern Builders to manage the...
NL VB 8.11.25

New Lenox to Reinstate 1% Grocery Tax, Mayor Blames State Politics

Article Summary: The New Lenox Village Board is moving to locally reimpose the 1% grocery tax that the state is eliminating, a move Mayor Tim Baldermann called necessary to avoid...
new-lenox-township.2

New Lenox Township Receives Clean Audit, Praised for Fiscal Strength

New Lenox Township Board of Trustees Meeting | July 10, 2025 Article Summary: The New Lenox Township Board of Trustees accepted its annual audit for the fiscal year ending March...
Screenshot-2025-08-19-at-7.14.24-PM

Frankfort Approves Over $19 Million in Surplus Fund Transfers for Future Projects

Article Summary: The Frankfort Village Board has approved the transfer of more than $19 million in surplus operating revenues to its capital funds to finance future infrastructure projects, equipment purchases,...
frankfort-village-hall-graphic-logo.7

Frankfort Advances Plans for New Multi-Use Paths to Boost Pedestrian Safety

Article SummaryThe Frankfort Village Board has approved a $77,500 agreement with Robinson Engineering, Ltd. to design two new multi-use paths aimed at improving safety and connectivity in Main Park and...
frankfort village hall graphic logo.1

Frankfort Police Department to Purchase New Portable Radios for $31,000

Article SummaryThe Frankfort Village Board has approved the purchase of 14 new Kenwood portable radios for the police department at a cost not to exceed $31,000. The new equipment will...
Meeting-Briefs

Meeting Summary and Briefs: Village of Frankfort Board for August 18, 2025

The Village of Frankfort Board leveraged a significant budget surplus at its August 18 meeting, approving the transfer of over $19 million into capital funds designated for future infrastructure, equipment,...
Exec Cmte 8.14.25.4

Executive Committee Details Spending of $134 Million in Pandemic Relief Funds

Article Summary: Will County has expended 61% of its $134 million in federal American Rescue Plan Act (ARPA) funds, with significant investments made in infrastructure, health, and economic development. Officials...
Report: Human Rights Campaign pressures transgender procedures on minors

Report: Human Rights Campaign pressures transgender procedures on minors

By Tate MillerThe Center Square (By Tate Miller) – The Human Rights Campaign pressures children’s hospitals into performing transgender procedures on minors, according to a Do No Harm report. Do...
Everyday Economics: Housing market and Fed policy in focus in the week ahead

Everyday Economics: Housing market and Fed policy in focus in the week ahead

By Orphe DivounguyThe Center Square This week brings crucial updates on America's housing market struggles and hints about where interest rates might head next. Housing Data Dump Several major housing...
new-lenox-township.2

New Lenox Township Approves 5% Rent Increase for Guy Sell Senior Housing

New Lenox Township Board of Trustees Meeting | July 10, 2025 Article Summary: The New Lenox Township Board of Trustees has unanimously approved an approximate 5% rent increase for its...
Businesses brace for new tax challenges amid global tariff focus

Businesses brace for new tax challenges amid global tariff focus

By Brett RowlandThe Center Square U.S. businesses and their partners across the globe are looking to make sure they comply with the highest import duties in decades amid a worldwide...