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McLean County’s overall equalized assessed valuation is projected to increase approximately 5.8% in 2026, the lowest increase since 2021. The Finance Committee also approved invoices and transfers, accepted the Treasurer’s monthly financial reports, and advanced several tax-related resolutions.
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The projected 5.8% assessment increase indicates that property values are still rising, but more slowly than in recent years. Assessments help determine future property tax bills, and the meeting materials note that the higher senior income threshold for the Senior Freeze program may allow more seniors to qualify. The committee also reviewed ongoing implementation of the new financial system and audit-related information gathering.
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