Kane County Approves Tax Hike to Fix Budget | Chicago News

Kane County is set to raise property taxes by $2.3 million in 2027 to plug a growing budget gap, ending years of draining emergency reserves and restoring fiscal stability. The tax hike, mostly funding the general fund — which now sits below the mandated 90-day reserve — is critical to balancing a $402.9 million budget approved earlier this month. After a failed sales tax attempt in 2025, officials are turning to property taxes, which will account for nearly a third of the general fund’s revenue next year. While the budget avoids touching cash reserves, some board members opposed the tax increase, acknowledging past levy freezes contributed to the crisis. This move marks a pivotal step toward long-term financial health. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2e6418fae988b0cc