Vermilion County government’s share of next year’s real estate tax bills would be a little lower under a proposed levy to be considered by the county board. Bill Pickett has the story…
County Board Chairman Steve Miller says a nearly $100-million dollar increase in assessed valuations is part of the reason the proposed tax rate is down. Miller notes a flyover of Danville and Newell Townships helped…
{AUDIO: “I think both of those townships have done an admirable job of trying to be certain that there is no property that’s been approved that hasn’t been registered in the assessments. … And we also do have some increase from at least wind turbines that have been in the western part and the northern part of the county. I’m sure that’s added to our assessed value.”}
The County’s proposed Fiscal Year 2025-26 tax rate is 1.538 compared to 1.583 for Fiscal Year 2024-25. (The amount is $1.54 per one-hundred dollars of equalized assessed value compared to $1.58 per one-hundred dollars of equalized assessed value for the current fiscal year.)
The County Board’s Finance and Personnel Committee also forwarded a proposed new budget to the full county board for consideration during a meeting tonight (Monday). 
But County Board Vice-chairman Tim McFadden (shown here) expects the numbers to change….
{AUDIO: “The budget that’s presented tonight doesn’t account for any type of salary increases throughout the county. Like I said, we’re in the middle of contract negotiations with our union employees. So, there’s been no money allotted for any raises for our union employees. And along with that they’ve not allotted any money for salary increases for our non-union employees as well.}
Total estimated expenditures in the proposed Fiscal Year 2025-26 budget are over $58.5 million dollars with expected revenues of $52.8 million dollars. The County Board meets next week and is expected to place both the proposed budget and tax levy on public display. Final action on both is expected when the County Board meets again on November 18th. The County’s new fiscal year begins on December 1st and ends on November 30, 2026.
