Screenshot 2025-05-04 at 2.44.33 PM

County Receives First $50,000 Administrative Fee from Joliet Arsenal Enterprise Zone

Will County will collect its first $50,000 administrative fee from a business utilizing the Joliet Arsenal Enterprise Zone, after the Finance Committee approved appropriating the payment to the Land Use Department’s budget on Thursday.

The fee comes from RJW Warehousing, which is utilizing the enterprise zone’s sales tax exemption for building materials for a project in Bolingbrook.

“This is the first payment,” explained a county finance official. “The county has the Joliet Enterprise Zone, and companies within that zone that want to do projects, the county has a fee for that.”

County Executive Chief of Staff Mike Fricilone explained that the county had implemented a fee schedule for the first time this year to capture revenue from administering the zone.

“We issue sales tax exemption certificates for building materials,” Fricilone said. “To issue those certificates in 2025, the county is charging an administrative fee, which is allowed by state law, up to $50,000.”

For businesses, the fee represents a small portion of their potential tax savings. Fricilone noted that the company is saving “a little under a million dollars” in sales taxes on building materials in exchange for the $50,000 administrative fee.

The Joliet Arsenal Enterprise Zone covers approximately 20 square miles, stretching from the former Arsenal property in southern Will County north along Interstate 55 into Bolingbrook and Plainfield. Fricilone described it as “one of the most popular in the state” and “maybe the most successful in the state.”

Major businesses in the zone include the Exxon refinery and numerous warehousing operations in the CenterPoint development. In recent years, the zone’s boundaries were expanded to include areas of Bolingbrook and Plainfield after county board approval.

Enterprise zones are economic development tools that provide tax incentives to encourage business investment. Unlike some enterprise zones elsewhere in Illinois, Fricilone noted that Will County’s zones do not include property tax abatements, only sales tax exemptions on building materials.

Companies seeking to use the enterprise zone benefits must first gain approval from the affected municipalities and the enterprise zone board before receiving the tax certificates.

The $50,000 fee will go to support the county’s Land Use Department, with Fricilone noting that since these are not taxpayer dollars and projects are inconsistent, the revenue is not incorporated into the department’s ongoing operating budget.

The committee unanimously approved appropriating the fee payment after discussion about the enterprise zone’s boundaries and operation.

Events

No events

Leave a Comment





Latest News Stories

beecher ilinois school board graphic.3

Beecher School Board Approves Amended Budget, New Staff Hires

Article Summary: The Beecher Board of Education unanimously approved the Fiscal Year 2025 amended budget following a brief public hearing with no comment from the public. The board also approved...
Meeting-Briefs

Meeting Summary and Briefs: Beecher Board of Education for May 14, 2025

The Beecher Board of Education appointed a new member, approved over $88,000 in major infrastructure repairs for the high school, and took formal disciplinary action against an employee during its...
washington township graphic.1

Washington Township Tables Decision on $11,000+ Security Upgrade, Seeks More Details

Article Summary: The Washington Township Board of Trustees has deferred a decision on a significant security system overhaul, citing the need to clarify key differences between two bids from TK...
washington township graphic.2

Washington Township Approves $2,500 in Sponsorships for Beecher EMS, July 4th Celebration

Article Summary: The Washington Township Board unanimously approved two community sponsorships totaling $2,500, continuing its financial support for the Village of Beecher's Emergency Management Agency (EMA) and the annual 4th...
washington township graphic.3

Washington Township to Continue Annual Senior Breakfast Amid Post-COVID Attendance Changes

Article Summary: Following a discussion about lower-than-historic attendance at its recent Senior Breakfast, the Washington Township Board decided to maintain one breakfast event per year. The board concluded that the...
Meeting-Briefs

Meeting Summary and Briefs: Washington Township Board of Trustees for May 5, 2025

The Washington Township Board of Trustees paused a decision on a major security upgrade, approved community sponsorships, and discussed the future of its senior events at its meeting on Monday,...
Screenshot 2025-05-04 at 3.03.49 PM

County Approves $4.3 Million Purchase of Wetland Banking Credits for Highway Projects

The Will County Public Works and Transportation Committee has approved an agreement to purchase wetland banking site credits for $4,324,550 from V3 Wetland Restoration LLC to support future county highway...
Meeting-Briefs

Meeting Summary and Briefs: Beecher Fire Protection District Board of Trustees for March 20, 2025

The Beecher Fire Protection District is preparing for changes in its leadership and staffing after the Board of Trustees on March 20 approved the creation of a new Lieutenant position....
Beecher Fire Protection District graphic.1

Beecher Fire District to Hire New Lieutenant, Approves Updated Appointment Process

Article Summary: The Beecher Fire Protection District Board of Trustees has authorized the creation of a new Lieutenant position and will begin accepting applications at the end of March. The...
Screenshot 2025-05-04 at 2.01.41 PM

Labor Representative Addresses County Committee on Public Transportation Reform Efforts

JOLIET — A labor representative warned Will County officials Thursday that proposed reforms to regional public transportation governance could diminish the county's voice in transit decisions during a presentation to...
Screenshot 2025-05-04 at 2.01.41 PM

Committee Advances $1.7 Million Upgrade Plan for River Valley Juvenile Detention Center

JOLIET — The Will County Executive Committee voted Thursday to advance a $1.7 million proposal to upgrade the River Valley Juvenile Detention Center rather than pursuing costlier alternatives to house...
Screenshot 2025-05-04 at 2.01.41 PM

County Executive Committee Briefs: Transportation Program Expands, Ordinances Updated

Mobility Management Program Expands to Three Townships: The Executive Committee approved an intergovernmental agreement to expand the Will County Mobility Management Program to include Channahon, Manhattan, and Plainfield townships. The...
Screenshot 2025-05-04 at 2.01.41 PM

County Executive Committee Advances Elected Officials’ Pay Increases After Extended Debate

The Will County Executive Committee voted Thursday to advance a proposal for pay increases for countywide elected officials and county board members, setting the stage for a final vote at...
Screenshot 2025-05-04 at 2.01.41 PM

County Considers Bond Refinancing That Could Save Millions

JOLIET — Will County officials on Thursday discussed a potential bond refinancing opportunity that could save the county approximately $3.6 million in debt service costs by taking advantage of favorable...
Screenshot 2025-05-04 at 2.14.20 PM

Will County Ordinance Committee Briefs: Unanimous Votes for Proclamations, Title Changes, Audits Discussed

Committee Clarifies Unanimous Vote Requirement for Honorary Proclamations: The Ordinance Committee refined language in Chapter 30 regarding honorary proclamations, specifying that they shall be allowed "only by unanimous vote" of...