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

Vance cuts $1.3 billion in California Medicaid, pauses hospice care

Vance cuts $1.3 billion in California Medicaid, pauses hospice care

By Andrew RiceThe Center Square The Trump administration will defer $1.3 billion in Medicaid funds to California, due to concerns over fraud, Vice President JD Vance said Wednesday. Vance, alongside...
Groups urge House leaders to reject E15 expansion, calling it a hidden tax

Groups urge House leaders to reject E15 expansion, calling it a hidden tax

By Tom JoyceThe Center Square A coalition of conservative and free-market groups urged Congress to reject a bill that would permanently allow year-round sales of E15 gasoline nationwide. The coalition...
Illinois Quick Hits: Home insurance regulations approved by Illinois Senate

Illinois Quick Hits: Home insurance regulations approved by Illinois Senate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bill to regulate homeowners insurance rates will be up for consideration in the Illinois House after...
Beecher Baseball Bobcats

Beecher Rallies for Come-From-Behind Win Over Momence

BEECHER, IL – The Beecher varsity baseball team erased a deficit in dramatic fashion on Tuesday, exploding for nine runs in the sixth inning to secure an 11-6 conference victory over...
Beecher Softball ladycats

Beecher Cruises to 7-1 Victory Over Lincoln-Way Central

BEECHER, IL – The Beecher varsity softball team bounced back from their extra-innings battle the previous day with a decisive 7-1 win over Lincoln-Way Central on Tuesday. Beecher’s offense provided consistent...
Senate confirms Warsh on narrow partisan lines

Senate confirms Warsh on narrow partisan lines

By Andrew RiceThe Center Square The U.S. Senate, in a 54-45 vote, confirmed Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve on Wednesday. The Senate voted closely...
Illinois Senate passes bill to regulate auto insurance rates

Illinois Senate passes bill to regulate auto insurance rates

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Senate has approved legislation to regulate auto insurance rates, but a former Illinois Department of...
Exclusive: GOP defends report, points to Walz administration failures on fraud

Exclusive: GOP defends report, points to Walz administration failures on fraud

By Elyse ApelThe Center Square The Republican-led Minnesota House fraud prevention and state oversight committee adopted its majority report on Wednesday, concluding a two-year review of alleged fraud across multiple...
Op-Ed: The FAA's O'Hare decision is a win for travelers – and for competition

Op-Ed: The FAA’s O’Hare decision is a win for travelers – and for competition

By Mario H. Lopez | Hispanic Leadership FundThe Center Square At Chicago's O'Hare International Airport, one of the nation's most critical travel hubs and a gateway for millions of passengers...
Bill to prevent fraud on elderly, disabled opposed by financial institutions

Bill to prevent fraud on elderly, disabled opposed by financial institutions

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Based on the multiple billions of dollars lost to scams and exploitation of elderly and disabled adults...
Will County Board Graphic.01

Legislative Committee Advances Resolution Opposing Kidney Disease Treatment Delegation Act

Will County Board Legislative Committee Meeting | May 5, 2026 Article SummaryThe Will County Legislative Committee unanimously approved a resolution formally opposing Senate Bill 3445 and House Bill 4402, citing...
Cooper gets $31.4M share of $111.2M spend

Cooper gets $31.4M share of $111.2M spend

By Alan WootenThe Center Square The bid of Roy Cooper to the U.S. Senate is getting a $31.4 million infusion for television advertising, the Senate Majority PAC told The Center...
Appeals court freezes tariff ruling, businesses keep paying

Appeals court freezes tariff ruling, businesses keep paying

By Brett RowlandThe Center Square Two small businesses that won a court ruling against President Donald Trump's tariffs must continue paying them for now, after a federal appeals court on...

Illinois Quick Hits: Gas tops $5 a gallon

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – AAA says the average price for a gallon of regular unleaded gasoline is now $5.03 in Illinois,...
Pretrial Fairness Act invoked as Illinois Supreme Court hears detention case

Pretrial Fairness Act invoked as Illinois Supreme Court hears detention case

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A case involving the continued detention of defendants under the Pretrial Fairness Act portion of the SAFE-T...