X
GO
Office of Will County Executive
Lawrence M. Walsh
FOR IMMEDIATE RELEASE
Thursday, September 21, 2017
For more information, contact:
Phone: 815-530-2372; Fax: 815-774-3671

Will County Executive Larry Walsh presents 2018 budget

     At today’s meeting of the Will County Board, County Executive Larry Walsh presented his 2018 budget.  This new $551 million budget is balanced with a property tax rate of 1.5% lower than 2016.

     “I am proud this year’s budget meets all of our debt obligations, contributes additional dollars towards our Other Post-Employment Benefits fund, and dedicates funding for Illinois Municipal Retirement Fund accelerated payments,” Walsh said. “Will County continues to be fiscally responsible with our taxpayer dollars and ensuring we are providing the highest quality services while also maintaining a strong cash reserve in our corporate budget.”

     The budget proposed by Walsh reflects the impact from the state budget and a projected reduction of $2.4 million in revenue. The corporate fund, which funds general operations of county government, is $197 million and the special fund, which is restricted for specific purposes, is $354 million.  Walsh’s proposed levy includes $2.1 million in new property and $1 million in Consumer Price Index. With these figures included, Will County could still have a property tax levy that is 1.5% lower than the 2016 tax rate.

 

     In addition, Walsh is proposing dissolving the Public Building Commission due to previous consolidation of maintenance staff and the County Board assuming more direct oversight of the construction of the Public Safety Complex and new Courthouse. He said this move would improve transparency for county government and remove a line item on residents’ tax bill.

     “We are proud of the good work of the PBC members and staff on important projects such as the River Valley Justice Center and the ADF (Adult Detention Facility),” Walsh said. “I thank them for their service but it is time to move forward in eliminating duplicative services and improve our efficiency.”

     “Will County has maintained an AA+ bond rating for several years,” said Walsh. “We have been recognized by national rating agencies for our stable fund balances, controlled expenditures, long term planning, and strong fiscal policies. This is a true testament to the fiscal responsibility of Will County over recent years.”

     Walsh acknowledged the continued demands on county resources, departments, and services as Will County continues to grow.  He noted challenges remain ahead from the impact of the state budget revenue reduction. Will County is expected to lose 10 percent of local government funding and a decrease in the personal property replacement tax.

     “Year after year, we ask our elected officials and valued employees to do more with less,” he said. “We are blessed with dedicated employees and I want to thank and commend them for the outstanding job in providing these critical services.”

     The FY2018 budget includes a five-year Road and Capital plan which recognizes both on-going and future capital projects, allows for vehicle and equipment replacement, and identifies dedicated sources to fund these projects in 2018.

          The draft budget will now be reviewed by the County Board who has 60 days to approve before the start of the new fiscal year on December 1, 2017.

 

Documents to download

 
Press Contacts

Anastasia Tuskey
Communications Director
Ph: 815-740-8376

Tammy Reiher
Public Information Officer
Ph: 815-774-7485

«July 2018»
SunMonTueWedThuFriSat
24252627
2278

Workforce Center to host job fair in Monee on July 13

Job seekers are invited to attend a job fair in eastern Will County on Friday, July 13. The event, hosted by Workforce Center of Will County, will be held from 10 a.m. to noon at Monee Parks & Recreation, 5162 W. Court St.

Read more
282930
12
2290

Will County Office Building Closed on July 4th

In observance of our nation's birthday, the Will County Office Building will be closed on Wednesday, July 4. Normal operations will resume at 8:30 a.m. on Thursday, July 5.

Read more
34567
891011121314
15161718192021
22232425262728
2930311234

Tags

100th birthday Alison.com America Recycles Day American Legion Post 1080 American Recycles Day Animal Control Arsenal Road Becky Haldorson book recycling book recycling and reuse event book reuse and recycling Brayden Caraynoff-Haber Bruce Gould Caroline Portlock Clothes 4 Work cooling centers County Executive Larry Walsh Curt Paddock Danette Krieger Deirdre Manigo Director Curt Paddock document destruction Dr. L.P. Schild Earth Flag Awards Eastside Green House electronic recycling electronics recycling extreme heat Friends of Sunny Hill gardening Gertrude Hoover Green Team Health Department heroin legislation forum hero helps addiction trea Historic Preservation Commission holiday bazaar holiday string lights Household Hazardous Waste Illinois Extension Service Janine Farrell Jason Holicky JJC City Center Campus Joan O'Keefe job fair Joliet Park District Karen Sorbero Kathy Pecora Land Use Department Larry Walsh Lewis University Madison Curran Marta Keane Memorial Day Mobile Workforce Center Music and memory Nick Palmer paper shredding Penny Curran permits Pilcher Park Pilcher Park Nature Center Plainfield United Methodist pumpkin composting Pumpkin Pitch Recyclepalooza Resource Recovery and Energy Resource Recovery and Energy Division Resume Gallery Savers. WJOL school garden Seeds of Change Grant Program sign language St. Vincent DePaul Sunny Hill Nursing Home Sunny Hill Nursing Home of Will County Susan Flessner Susan Olenek swimming pools textile collection The Friends of Sunny Hill Inc. Three Rivers Association of Realtors Tim Anderson University of St. Francis USAgain veterans Veterans Day vision and hearing screening vow renewal Warren-Sharpe Community Center Washington Township Wayne Breitbarth West Nile Virus Will County Will County Center for Community Concerns Will County Executive Larry Walsh Will County Farm Bureau Will County Health Department Will County Land Use Department Will County Office Building Will County Veterans Affairs Commission Will County Workforce Center Will County Workforce Services Division William E. Young School Workforce Center of Will County Workforce Services Division Workforce Services Division of Will County Workforce Services Division releases November work workshops