Beecher Graphic.3

Beecher Approves $38,300 TIF Rebate to Business Park Property

Spread the love

Beecher Village Board Meeting | June 8, 2026

Article Summary: The board approved a $38,300.12 payment to Cecich & Son Enterprises LLC, returning 75% of the village’s 2025 property tax collections from a parcel in the Illiana Crossroads Business Park under a 2023 economic incentive agreement.

Beecher TIF Incentive Key Points:

  • Trustees approved a $38,300.12 payment to Cecich & Son Enterprises LLC.
  • The payment represents 75% of the real property taxes the village received from 615 W. Church Road (Lot 26 in the Illiana Crossroads Business Park).
  • It stems from an economic incentive agreement dated June 26, 2023, covering tax year 2025, payable in 2026.
  • The parcel sits within Beecher TIF District 1; the motion passed unanimously.

BEECHER — The Beecher Village Board on Monday, June 8, 2026, approved a $38,300.12 payment to a business under a 2023 economic incentive agreement, returning three-quarters of the property taxes the village collected last year from a parcel in the Illiana Crossroads Business Park.

Trustee Jessica Smith, chair of the Economic Development and Community Events Committee, presented the motion to approve the payment to Cecich & Son Enterprises LLC. The amount represents 75% of the real property taxes received by the village from the property at 615 W. Church Road, identified in the agenda as Lot 26 in the Illiana Crossroads Business Park, within Beecher TIF District 1 for tax year 2025, payable in 2026.

The payment is tied to an economic incentive agreement dated June 26, 2023. Under such agreements, a municipality returns a share of the property taxes it collects from a site to encourage development or business investment. The board approved the payment in a unanimous roll call.

Leave a Comment





Latest News Stories

European Union says U.S. consumers will end up paying tariffs

European Union says U.S. consumers will end up paying tariffs

By Brett RowlandThe Center Square European Union leaders detailed the terms of a trade deal they struck with President Donald Trump on Thursday, making sure to point out who will...
Illinois quick hits: Anti-SLAPP bill signed; Chicago schools settles meditation case

Illinois quick hits: Anti-SLAPP bill signed; Chicago schools settles meditation case

By Jim Talamonti | The Center SquareThe Center Square Anti-SLAPP bill signed Gov. J.B. Pritzker has signed legislation to protect news media from strategic lawsuits against public participation (SLAPP). The...
U.S.-EU trade deal includes ceiling for European pharmaceutical imports

U.S.-EU trade deal includes ceiling for European pharmaceutical imports

By Morgan SweeneyThe Center Square The European Union has escaped a potential 250% pharmaceutical tariff and instead has secured a maximum 15% levy with the U.S. according to a joint...
Supreme Court allows Trump to block DEI funding

Supreme Court allows Trump to block DEI funding

By Andrew RiceThe Center Square The U.S. Supreme Court, in a 5-4 decision on Thursday, allowed President Donald Trump to cut hundreds of millions of dollars in federal research grants....
Director: Nation’s largest outdoor ag show brings economic impact to central IL

Director: Nation’s largest outdoor ag show brings economic impact to central IL

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The nation’s largest outdoor agricultural show is set for next week in Central Illinois. The Farm Progress...
Personnel cuts to national intelligence office will save taxpayers $700 million

Personnel cuts to national intelligence office will save taxpayers $700 million

By Thérèse BoudreauxThe Center Square The Office of the Director of National Intelligence is set to undergo a massive overhaul and cut 40% of its workforce, continuing the Trump administration’s...
Redistricting would split cities, counties throughout CA

Redistricting would split cities, counties throughout CA

By Dave MasonThe Center Square Lodi, a Northern California city of 66,000 people, will be divided among three congressional districts if a Democratic Party-backed redistricting map goes into effect. And...
Pritzker: Fair maps in Illinois would be 'disarming' to Democrats

Pritzker: Fair maps in Illinois would be ‘disarming’ to Democrats

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says Democrats would be “disarming” if they agreed to fair maps state by...
NY appeals court overturns Trump's civil fraud penalty

NY appeals court overturns Trump’s civil fraud penalty

By Chris WadeThe Center Square A New York appeals court has tossed out a $454 million civil fraud verdict against Donald Trump and his family business over charges he broke...
States sue over Victims of Crime Act grant funding

States sue over Victims of Crime Act grant funding

By Elyse ApelThe Center Square Colorado Attorney General Phil Weiser has joined a 20-state coalition and Washington, D.C., suing the Trump administration over restrictions it has put on Victims of...
White House backs off hefty EU tariff threats, EU eliminates industrial tariffs

White House backs off hefty EU tariff threats, EU eliminates industrial tariffs

By Caroline BodaThe Center Square After striking a framework trade deal with the European Union in July, the White House added more details to what the agreement entails Thursday. Most...
Home sales up 2% in July as prices stayed nearly flat

Home sales up 2% in July as prices stayed nearly flat

By Brett RowlandThe Center Square Home sales increased 2% last month after a lackluster spring selling season as prices cooled. Existing-home sales increased by 2% in July, according to a...
Parents who lost daughters at Camp Mystic: Their deaths were '100% preventable'

Parents who lost daughters at Camp Mystic: Their deaths were ‘100% preventable’

By Bethany BlankleyThe Center Square Parents who lost their daughters from flood waters at Camp Mystic said their deaths were “100% preventable” and asked the legislature to implement mandatory safety...
Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

By Jim Talamonti | The Center SquareThe Center Square COVID fraud indictments issued A federal grand jury has indicted four Chicago-area individuals accused of fraudulently obtaining millions of dollars in...
Trump defunds California sex ed program over 'gender ideology'

Trump defunds California sex ed program over ‘gender ideology’

By Andrew RiceThe Center Square The Trump administration terminated a federal grant that provided funding for sex education classes in California. The federal government terminated the Personal Responsibility Education Program,...