Will County Board approves $175.7 million budget

 
Associated Press
Updated 11/16/2012 4:50 PM

The Will County Board has approved a new budget of almost $176 million.

County officials said Thursday that the 2012-2013 budget sends a message to taxpayers that the county will ride out the economic downturn in a fiscally responsible way.

 

The spending plan includes no tax increases.

It relies on about $5.2 million in new revenues. Most of those funds come from additional landfill hosting fees generated by a new gas-to-energy plant at the Prairie View Landfill. The county also saw an increase in sales tax revenues and interest earned on its investments.

Those increases helped to offset decreases in property values. The county said the average property declined almost 8.4 percent in value this year.

The new budget will take effect Dec. 1.

0 Comments
                                                                                                                                                                                                                       
 
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.