Screenshot 2025-12-12 at 9.32.30 PM

Monee Village Board Approves New Streaming Tax and 2025 Tax Levy

Spread the love

Monee Village Board Meeting | Dec. 10, 2025

Article Summary: The Monee Village Board of Trustees has approved two significant financial ordinances: a new tax on streaming services and the annual property tax levy. Officials described the new “amusement tax” on streaming as a necessary step to diversify revenue streams without increasing the burden on property owners.

Monee Tax & Finance Key Points:

  • Streaming Tax Approved: The board voted unanimously to enact an “amusement tax” on video and audio streaming services, which is expected to generate approximately $20,000 annually.

  • Tax Levy Passed: Trustees approved the 2025 tax levy, which captures revenue from properties entering the tax rolls from Tax Increment Financing (TIF) District 3.

  • Budget Prep: The Finance Department will begin preparations for the fiscal year 2027 budget next month.

  • TIF Surplus: Surplus funds from TIF District 3 have been received by Will County for distribution to taxing bodies.

The Monee Village Board of Trustees on Tuesday, December 10, 2025, voted to implement a new tax on streaming entertainment services and approved the village’s 2025 property tax levy.

The board unanimously approved an ordinance pertaining to amusement taxes, specifically targeting streaming services. While the specific percentage was not debated during the open session, the ordinance text attached to the agenda sets the rate at 8% of charges paid for streaming services.

Village Attorney Larry Gryczewski noted that many villages have enacted similar taxes to capture additional revenue for public purposes.

When asked by Trustee Michael Wilson about the potential revenue impact, Finance Director Daryl Bettenhausen estimated the tax would bring in approximately $20,000 in additional annual revenue.

“It’s not a windfall, but every little bit will help the village,” Bettenhausen said.

Trustee Chuck Rakis praised the move as an effort to find alternative funding sources. “I know you’ve been tasked with a lot this year, especially finding new streams of revenue for the village so then that way we don’t have to pass along to the residents and keep the levy where it’s at,” Rakis said.

In addition to the new tax, the board held a public hearing and subsequently approved the 2025 tax levy for the fiscal year beginning May 1, 2025. Rakis explained that this levy is designed to capture future revenue from properties soon to be added to the tax rolls following the expiration of TIF District 3.

“We’re pleased to report that the surplus funds from TIF 3 have been received by Will County and will be distributed to all taxing districts, which should benefit each stakeholder in our community,” Rakis said.

The board also approved several significant payments for infrastructure projects, including $438,411.53 to Iroquois Paving Corporation for the Country Meadows access road improvements and $115,226.98 to Crockett Construction for work at Marie LeFevre Bailly Park.

Leave a Comment





Latest News Stories

DHS wants millions more from taxpayers after federal SNAP changes

DHS wants millions more from taxpayers after federal SNAP changes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Department of Human Services is seeking millions of extra dollars from state taxpayers due to...
Illinois Millionaires Tax doesn’t get support

Illinois Millionaires Tax doesn’t get support

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A proposed millionaires tax was shot down late Wednesday in the Illinois House of Representatives. Democrat leadership...
Pritzker bans insider trading by state employees, faces hypocrisy claims

Pritzker bans insider trading by state employees, faces hypocrisy claims

By Sean Reed | The Center SquareThe Center Square (The Center Square) – New rules for employees of the state of Illinois will prevent betting on the outcomes of current...
Autism care providers, parents urge change in ownership mandate

Autism care providers, parents urge change in ownership mandate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Autism care providers and parents say a crisis is looming for Illinois’ network of services. Dr. Rebecca...
Illinois Quick Hits: Bears want more from state

Illinois Quick Hits: Bears want more from state

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Bears say a megaprojects bill passed by the Illinois House needs additional amendments in order...
Will County Board Graphic.04

Will County Board Approves Controversial Solar Farms Following Court Mandate

Will County Board Meeting | April 16, 2026 Article Summary: Under the strict constraints of a court-issued writ of mandamus, the Will County Board grudgingly approved multiple special use permits...
Bears, megaprojects tax incentive bill heads to Senate after clearing House

Bears, megaprojects tax incentive bill heads to Senate after clearing House

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois House has passed legislation to provide tax incentives for the Chicago Bears and other megaprojects...
House Dems pass redistricting amendment GOP says will lead to more gerrymandering

House Dems pass redistricting amendment GOP says will lead to more gerrymandering

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Democrat state legislators say they are one step closer to standing against attacks on voting rights after...
Illinois Quick Hits: Governor announces green tax credits for film and TV

Illinois Quick Hits: Governor announces green tax credits for film and TV

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has announced a new 5% tax credit to incentivize green film and television production....
‘Plaintiffs’ lawyer paradise:’ IL lawsuit-friendly courts jack up costs, report says

‘Plaintiffs’ lawyer paradise:’ IL lawsuit-friendly courts jack up costs, report says

By Jonathan Bilyk | Legal NewslineThe Center Square Illinois is falling behind the rest of the country at reforming its court system, and in some ways is headed in the...
AG candidate seeks to reform SAFE-T Act

AG candidate seeks to reform SAFE-T Act

By Sean Reed | The Center SquareThe Center Square (The Center Square) – An Illinois attorney general candidate launched a new initiative to reform the SAFE-T Act. The law enacted...
Op-Ed: Senate Bill 3070 provides sensible solution for students, manufacturers

Op-Ed: Senate Bill 3070 provides sensible solution for students, manufacturers

By Ben BarnettThe Center Square Illinois manufacturers face a serious problem. We have modern, high-tech facilities running at full capacity, but we struggle to find the young talent needed to...
peotone library graphic logo.4

Meeting Summary and Briefs: Peotone Public Library District for March 19, 2026

Peotone Public Library District Meeting | March 19, 2026 The Peotone Public Library District Board of Trustees addressed a series of administrative and financial housekeeping items during its regular meeting...
Illinois millionaire’s tax moves closer to November ballot

Illinois millionaire’s tax moves closer to November ballot

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A measure giving Illinois voters the opportunity to consider a millionaire’s tax is one step closer to...
(Photo by Chad Merda)

Oldest preserve expansion pushes acreage past 24,000 milestone

The Forest Preserve’s first acquisition of the year not only expands the District’s oldest preserve, it also pushes total acreage past the 24,000 mark. On March 27, the Forest Preserve...