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Joliet’s finance director delivers mostly good news on proposed budget

Road improvements totaling more than $30 million, body cameras for police officers, more revenue from sales taxes and real estate taxes and a reduction in the tax levy. That was some of the good news outlined in the City of Joliet’s proposed 2022 budget presented Monday by Jim Ghedotte, the city’s finance director. Ghedotte presented the budget on behalf of City Manager James Capparelli. It includes revenues of $388.7 million and expenditures of $438.1 million. The estimated $50 million shortfall will be made up by selling bonds to pay for $28 million in water and sewer replacement projects, as opposed to paying for them in cash. Also reserves funds from the current budget are projected to total $250 million. Joliet Mayor Bob O’Dekirk and the city council are expected to take a closer look at the proposed budget and likely make some adjustments prior to putting it to a vote on Dec. 21.

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No changes in tax for Plainfield residents

During these times of uncertainty, at least one thing is not changing, a property tax increase for Plainfield resident’s next year.
The board on Monday reviewed the proposed 2021 tax levy calculations that maintains the 2020 overall levy rate of .4669. Based on preliminary equalized assessed valuation (EAV) estimates, the ordinance reflects a total property tax request of $7.75 million, according to Traci Pleckham, interim village administrator. However, the actual dollar amount the village will receive is anticipated to be less. She told the board the levy rate has remained unchanged for the past eight years.

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Local news hangs in the balance

The Senate is now deciding the fate of local news.
As part of the Build Back Better Act, the Senate is in the next few days considering an important proposal: providing a payroll tax credit to local news organizations to retain or hire local journalists.
Why? Local news is in a deep crisis. The internet has fundamentally broken the business model of most local newspapers. The number of reporters has dropped by more than half since 2000.

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Digging deeper into Old Joliet Prison’s history

The Old Joliet Prison along Collins Street has an almost ominous presence and the history behind it is likely even more sinister.
More is likely to be revealed now that the City of Joliet has received notice of an award of a $35,000 grant from the National Park Service to prepare a National Register Historic District nomination for the Illinois State Penitentiary – Joliet (later renamed Joliet Correctional Center, commonly known as the “Old Joliet Prison”).

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