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.


⚠️ Special Weather Statement issued June 4 at 4:25AM CDT by NWS Chicago IL
Today Jun 3
Mostly Sunny
87° 66°

Mostly Sunny

💨 5 to 15 mph 💧 0%

Leave a Comment





Latest News Stories

Screenshot-2025-06-05-at-1.43.14-PM

Board Meeting Shorts

Budget Amendment Approved: The board approved amendments to the fiscal year 2025 budget totaling $121.7 million in revenue and $120.1 million in expenses. Changes primarily reflect bond proceeds and related...
Screenshot-2025-06-05-at-1.43.56-PM-1

Student Council Presidents Highlight Senior Year Accomplishments

Lincoln Way's three student council presidents delivered their final speeches of the school year, highlighting major accomplishments and memorable events before graduating this weekend. Jason Sro from Lincoln Way Central...
Screenshot-2025-06-16-at-3.26.08-PM-1

Will County Board Meeting Briefs Package

COUNTY APPOINTMENTS Fire Protection District: Board approved county executive appointments to Manhattan Fire Protection District board. Agricultural Committee: Approved appointment to Agricultural Area Committee with Member Judy Ogala abstaining due...
frankfort-park-district.1

Frankfort Park District Reorganizes Board, Explores Options for Tax-Impacting Projects

FRANKFORT – The Frankfort Park District Board seated its re-elected members, reorganized its leadership, and approved its new annual budget on Tuesday, while also revealing it is actively exploring options...
frankfort-park-district

Aging Sara Park Building Poses Challenge for Park District

The Frankfort Park District is grappling with how to address the deteriorating Sara Park building, whose roof is in "bad shape" and whose location within a flood plain complicates any...
frankfort-park-district.1

Meeting Briefs: Frankfort Park District Board for May 13, 2025

The Frankfort Park District Board of Commissioners re-elected its leadership team for a new term and approved its fiscal year 2025-2026 budget at its meeting on Tuesday. The board also...
lincoln-way-school-district

Lincoln-Way Board Approves Up to $31.3 Million Bond Sale for Safety, Security Upgrades

The Lincoln-Way Community High School District 210 Board of Education unanimously approved a resolution to issue up to $31.33 million in life safety bonds to fund a wide range of...
frankfort-square-park-district.2

Frankfort Square Park District Approves Budget Amid County Tax Adjustment, Funds Major Projects

The Frankfort Square Park District Board of Commissioners unanimously approved its operating budget for the 2025-2026 fiscal year during its April 17 meeting, earmarking funds for major ongoing projects and...
default

Lincoln-Way School Board Certifies Election, Re-elects Janik as President

The Lincoln-Way Community High School District 210 Board of Education officially reorganized for the upcoming year during its meeting on April 17, certifying the results of the April 1 consolidated...
lincoln-way-school-district

New Electricity Contract to Save Lincoln-Way Over $500,000 Next Year

Lincoln-Way High School District 210 is poised for significant energy cost savings after the Board of Education unanimously approved a new 54-month electric commodity contract with Direct Energy. The agreement,...
frankfort-square-park-district.1

Four New Commissioners to Join Frankfort Square Park District Board in May

Four newly elected commissioners are set to join the Frankfort Square Park District Board in May, following the April 1, 2025, Consolidated Election. Executive Director Audrey Marcquenski formally congratulated Lauren...
Meeting-Briefs

Meeting Briefs: Frankfort Square Park District for April 17, 2025

The Frankfort Square Park District Board of Commissioners met on April 17 to approve its annual budget, discuss new projects, and hear departmental updates. The district approved a nearly $5...
lincoln-way-school-district.3-scaled-e1750128024313

Lincoln-Way District 210 Board Briefs

District Finances Stable in March ReportAssistant Superintendent Michael Duback presented the Treasurer’s Report for the month ending March 31, 2025. Revenues for the month totaled $3.1 million, while expenditures were...
Frankfort-Township-Logo-Graphic

Frankfort Township Board Unanimously Opposes Government Consolidation

The Frankfort Township Board on Monday took a firm stance against a perennial issue in Illinois politics, unanimously passing a resolution to formally oppose any legislative efforts to consolidate or...
Frankfort-Township-Logo-Graphic

Frankfort Township Upgrading Senior Apartments Amidst High Demand

Frankfort Township is moving forward with significant upgrades to its senior apartments to meet modern standards, Supervisor Nick George announced at Monday’s board meeting. The improvements come as the township...