Will County Board Passes Balanced Budget
November 22, 2019 7:31AM CST
The Will County Board has approved a balanced budget of $624 million for the upcoming fiscal year that contains no new taxes and continues to provide essential services to taxpayers. For the fifth year in a row, the board has lowered the tax rate. The 2019 tax rate will be 0.5795% which is lower than the 2018 tax rate of 0.5927%.
Rating agencies like Moody’s and Standard & Poor’s continue to recognize Will County for its diverse tax base, stable financial performance, and strong reserves and liquidity. The county maintains an AA+ bond rating