Tax Levy, budget, and health insurance premiums on council docket - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
November 4, 2025 Newswires
Share
Share
Post
Email

Tax Levy, budget, and health insurance premiums on council docket

CHRISTY JANKOWSKI, Commercial-News, Danville, Ill.Commercial-News

DANVILLE — As health insurance renewals come in, city employees were looking at an 18.5% increase, but city officials were told last week they were able to lower that.

Human Resources and Risk Manger, Kathy Courson was present at last week’s committee meeting to answer questions.

The city is set to vote on a 6.8% increase with a $6,000 health reimbursement account to be used to cover the $7,500 out of pocket deductible for health insurance from Blue Cross Blue Shield.

“So there are some people who will never end up paying anything out of their pocket,” Courson said. “Because they’re not big users of the insurance, or because they’re not going to exceed more than $6,000 in medical for the year.”

Alderman Tricia Teague asked, “So the health reimbursement account, the $6,000, the city is paying that?”

Courson said yes, the, “company will actually monitor it and require people to actually, periodically, if it exceeds a certain amount, provide proof of what they were paying so we can ensure that what they’re paying for is this year’s stuff as well as that is something medical cannot be used at any place like Meijer or Walmart to buy a TV.”

Alderman Doug Aherns said about the deal, “it seems like a good opportunity to try. You never know until you try it. But, certainly we’ve looked at these and here and others, and being able to put the six grand up front.”

Mayor Rickey Williams Jr. added, “alderman, the thing that I love about this as well, in addition to what you said, is that if someone doesn’t spend the entire $6,000, it comes back to the city as well.”

The city will also be reviewing the 2025 tax levy and the 2026 budget during closed session on Tuesday.

There was much discussion on how casino funds should be used.

Ahrens noted a large increase in EAV (equalized access value).

“To go from $304,000,021 to 442 million in just a few years is pretty amazing,’’ said Ahrens about the EAV increases during the COVID pandemic. “So it certainly helped our situation.’’

Library funding cuts have been a big debate with council. Aherns has spoken out numerous times against cutting their funds, especially with a new director.

“Welcome to Danville, we just cut you from what your predecessors had to work with,’’ Ahrens said. “My preference would be to see them stay at a funding level of about 2.1 million through the tax levy, which is less than they received each of the last two years.”

Another heavily discussed topic was the use of casino fund for pensions.

“I would like to have a casino community benefit fund, or whatever the administration determines is an appropriate title, so that everyone will always be able to see where every penny of the casino money went,’’ Ahrens said. “In particular, the casino is projected to bring in about $2.26 million in revenue that is going into the general fund.”

“Why don’t we just tell everybody we’re using the casino money on pensions? I just don’t think that’s the most prudent financial way for a community our size to be funding our pensions.”

Williams addressed Aherns questions about the pension.

“As far as our pension payments go, we were in a hole.” he said. “One of their primary concerns for the city was that we were not properly funding our pensions, and so we took it upon ourselves to take that charge seriously and to make sure that we are good stewards of taxpayer dollars.”

Williams said at this point they have to be 90% funded by 2040 according to state statute.

“If we stay on the path that we’re funded, we will be 100% funded before that time,” Williams said. “If we can just hold the course for the next eight to 10 years, then the city of Danville will have an additional $8 to 10 million a year that we can use for whatever we would possibly need.”

In other news, the council is set to approve a 5-year-agreement with Motorola Solutions for 15 body worn cameras for the Danville Police Department, and squad video cameras, docking stations with unlimited cloud storage.

Also, Potterfest is coming to downtown Danville this Friday.

“This is one of our biggest events of the year, and all of our downtown businesses get involved.” Rhenna Ollis said. “So we’re pretty excited for this one, and Lindsey (Franz) has been working really hard on it and has some cool new, fun ideas that I think a lot of the community will enjoy.”

© 2025 the Commercial-News (Danville, Ill.). Visit www.commercial-news.com. Distributed by Tribune Content Agency, LLC.

Older

Residents worry about loss of food stamps

Newer

WATCH: Illinois House rejects home insurance bill GOP says would raise rates

Advisor News

  • More investors will seek comprehensive financial planning
  • Midlife planning for women: why it matters and how advisors should adapt
  • Tax anxiety is real, although few have a plan to address it
  • Trump targets ‘retirement gap’ with new executive order
  • Younger investors are engaged and advisors must adapt
More Advisor News

Annuity News

  • AIG to sell remaining shares in Corebridge Financial
  • Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
  • AM Best Assigns Credit Ratings to Calix Re Limited
  • Transamerica introduces new RILA with optional income features
  • Transamerica introduces RILA with optional income features
More Annuity News

Health/Employee Benefits News

  • GLP-1 costs loom large for employers
  • Candidates for governor offer different views on state’s role in medical care
  • North Dakota small business owners lament rising healthcare costs, credit card swipe fees
  • NC's new Medicaid 'compromise' comes at a cruel and frightful cost
  • Record Lows and Highs for Medicare Advantage and PDPs by Mark Farrah Associates
More Health/Employee Benefits News

Life Insurance News

  • Life insurance premium jumps 10% in 1Q
  • Genworth Financial Announces First Quarter 2026 Results
  • Transamerica agrees to $57M settlement in cost-of-insurance lawsuit
  • The next step for AI in insurance — partnerships to scale
  • Your clients are sitting on underused assets
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet