X
GO
Will County Executive Winfrey Presents FY2021 Budget
Anastasia Tuskey
/ Categories: News, Press Releases, Home Page

Will County Executive Winfrey Presents FY2021 Budget

Budget is balanced and meets all debt obligations and reflects slight increase in revenue

At the August meeting of the Will County Board, County Executive Denise Winfrey presented the 2021 budget of $567 million. The budget is balanced and includes slight increase in the overall projected revenue, despite a challenging economic year.

“Will County continues to pay its bills on time and meet all of its financial obligations,” Winfrey said. “My thanks to the finance staff who did a phenomenal task preparing this budget while implementing a new accounting system.”

The county continues to maintain its AA+ bond rating. National rating agencies, such as Moody’s and Standard & Poor’s, consistently commend the county for its diverse tax base, stable financial performance, and strong reserves and liquidity. Will County maintains a cash reserves target of 22 to 26 percent of its corporate fund.

“Our strong financial base enables Will County to keep moving forward, accommodate our growth, and provide services for our residents,” said Winfrey. “Will County has a long reputation of being fiscally responsible and I am proud our county board and our department heads share this commitment to our residents.”

The budget includes funding for a five-year road and capital plan and will maintain existing staffing levels and programming. The increase in revenue comes from new property being added to the tax rolls throughout the county. Despite the challenges presented by the COVID-19 pandemic, the budget reflects a reduction in the tax rate to 0.5769 percent from 0.5842 percent. However, Winfrey reminds residents the county’s portion of the tax bill is relatively small, in comparison to the number of residents it serves. The reduction in the rate is an effort by County leaders to act responsibly with limited tax dollars and an acknowledgement that residents are all strained by the current economic climate.

“We understand the financial burden that has resulted from the effects of the pandemic,” Winfrey said. “However, Will County continues to operate within our means and provide necessary services for our growing population.”

A copy of the 2021 budget is available on the county website, www.willcountyillinois.com/County-Offices/Finance-and-Revenue/Finance.
Previous Article Will County Recorder Reminds Citizens of Property Fraud Alert Service
Next Article Will County Launches its CARES Act Small Business Assistance Grant Program
Print
2082

Documents to download

 

Anastasia TuskeyAnastasia Tuskey

Communications Director

Other posts by Anastasia Tuskey

Contact author

x
Press Contacts

Anastasia Tuskey
Communications Director
Ph: 815-740-8376

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

«January 2021»
SunMonTueWedThuFriSat
2728293031
Will County Office Building closed Fri. Jan. 1 in observance of New Year's Day

Will County Office Building closed Fri. Jan. 1 in observance of New Year's Day

The Will County Office Building will be closed on Friday, Jan. 1, 2021 in observance of New Year's Day.
Read more
12
345
County Executive Bertino-Tarrant appoints five to Will County boards

County Executive Bertino-Tarrant appoints five to Will County boards

Will County Executive Jennifer Bertino-Tarrant appointed five people to boards in December.

Read more
678
AgeGuide - Needs Assessment Survey

AgeGuide - Needs Assessment Survey

Share your opinion, shape your community. You are invited to take a 15-20 minute survey about aging services.

Read more
9
10111213141516
17
Will County still in Tier 3 mitigations for COVID-19

Will County still in Tier 3 mitigations for COVID-19

With a new wave of COVID-19 surging across the state of Illinois and the nation, the state is committed to listening to public health experts and following the science to keep people safe. Tier 3 builds on the Resurgence Mitigation Plan first released in July to suppress the spread of the virus and ensure our hospitals do not become overrun.
Read more
181920
93-year old leads charge against COVID-19 at Sunny Hill

93-year old leads charge against COVID-19 at Sunny Hill

For weeks, James Ingram told everyone that when the coronavirus vaccine came to Sunny Hill Nursing Home of Will County he wanted to be first to get it.

Read more
212223
24252627282930
31123456

Tags

100th birthday 50th Anniversary of Earth Day Passport event 9-1-1 Emergency Telephone System Board acting Chief Judge David Carlson adult detention affordable Alison.com All Nations Church of God in Christ Alzheimer's walk America Recycles Day American Legion Post 1080 American Recycles Day Animal Control Arsenal Road assistance bars BBQ luncheon Becky Haldorson Bertino-Tarrant Bolingbrook Park District bonds book event book recycling book recycling and reuse event book reuse and recycling Brayden Caraynoff-Haber Bruce Gould businesses career Caroline Portlock cash reserves CBS 2 Chicago census Charlotte Mather chicago Street Citizen Utility Board Citizens Utility Board city closings Clothes 4 Work CMAP ComEd Community Development of Block Grant contact tracing cooling centers coronavirus cost savings council county county board chairs county departments County Executive Denise Winfrey County Executive Larry Walsh County Office Building covid covid-19 COVID-19 vaccination C-Pace Curt Paddock Danette Krieger David Dubois Deborah Alexander Deirdre Manigo Denise Winfrey Diane Brozman digital safety Director Curt Paddock distressed Dr. L.P. Schild drive-through job fair early voting Earth Day Earth Flag Awards Eastside Green House economic development Eden Community Garden electronic recycling electronics recycling Emergency Management Agency employment energy conservation energy efficiency Erin Kohl Ethics Adviser Executive Jennifer Bertino-Tarrant extreme heat federal fees financial savings fiscal health flu food bank forklift drivers Frankfort Township Friends of Sunny Hill funding future gardening Gertrude Hoover Gloria Dollinger Green Team groundbreaking Harold Damron health Health Department healthcare heroin legislation forum hero helps addiction trea Historic Preservation Commission holiday bazaar holiday gift show and luncheon holiday string lights holidays hospital Household Hazardous Waste HVAC IDPH Illinois Extension Service Illinois Recycling Foundation insulation interview James Ingram Janine Farrell Jason Holicky Jeff Hubrich Jennifer Bertino Tarrant JJC City Center Campus Joan O'Keefe job creation job fair job search jobs John Greuling John Ocansey Joliet Joliet Arsenal Development Advisory Board Joliet Mayor Bob O'Dekirk Joliet Park District Joliet Slammers Joyce Parker Judge David Carlson Karen Sorbero Kathy Pecora Land Use Department Larry Walsh Lauren Staley Ferry Lewis University library lighting fixtures liquor license Madison Curran maintenance Margaret McDowell Marta Keane Marth Sojka mask material handlers mechanic Melissa Hemzacek Memorial Day Meta Mueller Michael Hennessey Midwest Classics on 66 Museum Midwest Renewable Energy Association Mike Bell mitigations Mobile Workforce Center Monee Park District Monee Township Moody Investor Service mortgage assistance Moving Will County municipal Music and memory NACo National Hookup of Black Women National Recycling Coalition nctv 17 neuter/spay new year's day Nick Palmer non profit Northeastern Illinois Organix Pam Rodriguez pandemic paper shredding Pastor Dwayne Barfield Penny Curran permits Pilcher Park Pilcher Park Nature Center Plainfield United Methodist portal Prairie State Legal Services public building pumpkin composting Pumpkin Pitch quarantine rating recreation Recyclepalooza recycling registration renewals rent assistance reopen residents Resource Recovery and Energy Resource Recovery and Energy Division restaurants restore illinois resume Resume Gallery Rethink Water campaign ribbon Rolonda Mitchell Roy Strong rural historic structures safety Samantha Bluemer Savers Savers. WJOL school bus driver school garden Scott Slocum security officers Seeds of Change Grant Program seniors Sharefest sick sign language skills social events solar solar group buy Solarize Chicagoland Spirit of Community Caring Award St. Vincent DePaul Standard and Poor's stay home Sunny Hill Nursing Home Sunny Hill Nursing Home of Will County Susan Flessner Susan Olenek swimming pools taxpayers Ted Slowik testing textile collection textile recycling The Daily Southtown The Friends of Sunny Hill Inc. thermal Three Rivers Association of Realtors tier 1 Tim Anderson tire collection Todd Fonfara USAgain vaccinations vaccine veterans Veterans Day vision and hearing screening vow renewal warming centers Warren-Sharpe Community Center Washington Township Wayne Breitbarth We Will Grow Garden Program weather related closings West Nile Virus will Will County Will County Board Will County Center for Community Concerns Will County Clerk Will County Executive Denise Winfrey Will County Executive Jennifer Bertino-Tarrant Will County Executive Larry Walsh Will County Executive Larry Walsh Midwest Renewabl Will County Farm Bureau Will County Health Department Will County Historic Preservation Commission Will County Land Use Department Will County Office Building Will County Office Buildng Will County TB clinic Will County Veterans Affairs Commission Will County Workforce Center Will County Workforce Services Division William E. Young School WJOL Workforce Center of Will County Workforce Investment Board Workforce Services Division Workforce Services Division of Will County Workforce Services Division releases November work workshops Youth Provider Workshop