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

Illini Final Four trip expected to benefit University of Illinois, state of Indiana

Illini Final Four trip expected to benefit University of Illinois, state of Indiana

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A University of Illinois professor says the economic benefit of the school’s mens basketball team reaching the...
Trump makes history at Supreme Court amid landmark birthright citizenship challenge

Trump makes history at Supreme Court amid landmark birthright citizenship challenge

By Emily Rodriguez and Brett RowlandThe Center Square President Donald Trump made history Wednesday by attending oral arguments at the U.S. Supreme Court over his executive order seeking to end...
New Hampshire school district sued over transgender policies

New Hampshire school district sued over transgender policies

By Chris WadeThe Center Square A New Hampshire school district is being investigated by the Trump administration over allegations that administrators are allowing biological men to use girls’ restrooms and...
Trump watches as high court hears challenge to his birthright citizenship order

Trump watches as high court hears challenge to his birthright citizenship order

By Brett RowlandThe Center Square President Donald Trump became the first sitting U.S. president to attend Supreme Court oral arguments, observing as the justices considered a challenge Wednesday to his...
Illinois Quick Hits: Prtizker says Trump order is unconstitutional

Illinois Quick Hits: Prtizker says Trump order is unconstitutional

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says President Donald Trump’s executive order issued on Tuesday to address election integrity is...
U of I pressed on costly abandoned development project, stance on DEI directives

U of I pressed on costly abandoned development project, stance on DEI directives

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As many Illinois universities face multimillion dollar budget deficits, state senators were critical of spending by the...
Trump says Iran's new leader wants ceasefire

Trump says Iran’s new leader wants ceasefire

By Brett RowlandThe Center Square President Donald Trump announced today that Iran's new leader has requested a ceasefire, marking a possible turning point in the ongoing conflict that has gripped...
‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling

‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling

By Jonathan Bilyk | Legal NewslineThe Center Square The days appear to be numbered for a Colorado state law banning so-called "conversion therapy," after the U.S. Supreme Court lopsidedly sided...
solar panels photovoltaics in solar farm

County Board Approves Peotone Solar Farm Amid Debates Over Union Labor and Tornado Safety

Will County Board Meeting | March 19, 2026 Article Summary: A 52-acre commercial solar energy facility in Peotone was approved by the Will County Board despite concerns raised by members...
Crete Monee School Board Graphic.1

Crete-Monee Board Debates Member Travel Budgets Amid Rising Conference Costs

Crete-Monee School District 201-U Meeting | March 10, 2026 Article Summary: A discussion regarding the board's professional development policy sparked a philosophical debate over the value of out-of-state travel versus the...
Illinois business leaders press lawmakers as child care costs face scrutiny

Illinois business leaders press lawmakers as child care costs face scrutiny

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinois business leaders pressured Illinois lawmakers Tuesday to approve billions of dollars in taxpayer‑funded child care investments,...
Illinois Quick Hits: Vacant lots go on sale in Chicago

Illinois Quick Hits: Vacant lots go on sale in Chicago

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Mayor Brandon Johnson and the Chicago Department of Planning and Development say more than 600 vacant city...
State vs. local property tax debate rages in Illinois

State vs. local property tax debate rages in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says property taxes are a local issue, but a county treasurer’s report says hefty...
Illinois Quick Hits: County study reflects massive property tax hikes

Illinois Quick Hits: County study reflects massive property tax hikes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to a study by Cook County Treasurer Maria Pappas, property taxes in the county increased at...
Fewer businesses of Illinois' diversity-preferred group got state contracts last year

Fewer businesses of Illinois’ diversity-preferred group got state contracts last year

By Jared Strong | The Center SquareThe Center Square (The Center Square) - Fewer businesses that get diversity-related government priority in Illinois are getting contracts with the state, according to...