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

Poll: Majority prefer Trump's immigration policies over Biden's

Poll: Majority prefer Trump’s immigration policies over Biden’s

By Dan McCalebThe Center Square A majority of Americans say they prefer President Donald Trump's approach to border security and immigration than they do former President Joe Biden's, according to...
Illinois eyes smarter park funding: handicap accessibility gets priority

Illinois eyes smarter park funding: handicap accessibility gets priority

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are proposing a change to the way state parks receive funding, one that could...
Nation's first primary states to begin early voting

Nation’s first primary states to begin early voting

By Andrew RiceThe Center Square Early voting has begun or is about to begin in states with the earliest 2026 midterm election primaries. Illinois, North Carolina, Texas, Arkansas, and Mississippi...
Vermont EV buses prove unreliable for transportation this winter

Vermont EV buses prove unreliable for transportation this winter

By Tate MillerThe Center Square Electric buses are proving unreliable this winter for Vermont's Green Mountain Transit, as it needs to be over 41 degrees for the buses to charge,...
Idaho has least childcare regulations, Vermont the most out of the 50 states

Idaho has least childcare regulations, Vermont the most out of the 50 states

By Tate MillerThe Center Square Idaho ranks as the freest of the 50 states when it comes to childcare regulations, while Vermont is the least free, according to a new...
Will County Finance Logo

Will County Treasurer’s Investment Strategy Yields $6 Million in Income

Finance Committee Meeting | February 3, 2026 Article Summary: County Treasurer Tim Brophy and investment managers from Stifel presented a detailed review of the county’s investment portfolio to the Finance...
Lawsuit investor Burford can upend Sysco’s $50M chicken price settlement

Lawsuit investor Burford can upend Sysco’s $50M chicken price settlement

By Jonathan Bilyk | Legal NewslineThe Center Square A Chicago federal appeals panel will allow Burford Capital, the world's largest third-party lawsuit investor, to force poultry producer Pilgrim's Pride back...
Gas prices projected to rise if Pritzker fails to act on E10 waiver

Gas prices projected to rise if Pritzker fails to act on E10 waiver

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gas prices have dropped across the country in recent months, but the Illinois Fuel and Retail Association...
U.S. LNG exports hit new high as Turkey buys big

U.S. LNG exports hit new high as Turkey buys big

By Alton WallaceThe Center Square U.S. LNG exports reached a fresh record of 525.1 million cubic feet in November, with shipments to trade partners including Turkey, Egypt and several European...
Illinois Quick Hits: CTA passenger set on fire in November leaves hospital

Illinois Quick Hits: CTA passenger set on fire in November leaves hospital

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Chicago Transit Authority train passenger says she has been released from the hospital more than two...
House Oversight probes Rep. Ilhan Omar's husband's businesses

House Oversight probes Rep. Ilhan Omar’s husband’s businesses

By Brett RowlandThe Center Square The House Oversight Committee is investigating the rapid rise in value of two companies owned by Rep. Ilhan Omar's husband, amid concerns over financial transparency...

WATCH: IL Senate GOP proposes SAFE-T Act changes for domestic violence violations

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Senate Republican Leader John Curran says his caucus has proposed changes to the SAFE-T Act that...
Illinois open-burn bill ignites capitol clash

Illinois open-burn bill ignites capitol clash

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A proposal aimed at giving local fire protection districts more oversight of open burning in unincorporated...
AMA's medical education infused with political ideology, Do No Harm says

AMA’s medical education infused with political ideology, Do No Harm says

By Tate MillerThe Center Square In its ongoing fight against identity politics in medicine, Do No Harm exposed the American Medical Association this week for content related to identity politics...
Los Angeles police chief declines to enforce ICE mask ban

Los Angeles police chief declines to enforce ICE mask ban

By Chris WoodwardThe Center Square California has a new law that prohibits law enforcement from wearing masks, but don’t expect it to be enforced in Los Angeles. At least not...