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Monee Village Board Approves New Streaming Tax and 2025 Tax Levy

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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.

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Monee Village Board Approves New Streaming Tax and 2025 Tax Levy

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...
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