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Lake County, IL
File #: 25-1084    Version: 1 Name: Resolution amending the Finance Policy, 3.3.1 Video Gaming Revenue Policy.
Type: resolution Status: Passed
File created: 8/15/2025 In control: Financial & Administrative Committee
On agenda: Final action: 9/9/2025
Title: Resolution amending the Finance Policy, 3.3.1 Video Gaming Revenue Policy.
Attachments: 1. 3.3.1 Video Gaming Revenue Policy FINAL as APPROVED on 9-9-2025 (25-1084).pdf, 2. 3.3.1 Video Gaming Revenue Policy Proposed Revision 8.29.25 CLEAN, 3. 3.3.1 Video Gaming Revenue Policy Proposed Revision 8.29.25 Redline

Title

Resolution amending the Finance Policy, 3.3.1 Video Gaming Revenue Policy.

 

Staff Summary

                     Lake County’s Video Gaming Revenue Policy provides the guidelines for how video gaming revenue will be allocated. It was last updated in 2024, but there is a need to update several clauses to update the amount allocated for support of 211 information and referral services.

                     The Policy currently states that Lake County will annually allocate $125,000 to support 211 information and referral services, but due to software cost increases, this revised policy increases that amount to $150,000.

                     Other clauses in the policy have been updated to consistently reflect this change.

 

Body

RESOLUTION

 

WHEREAS, the Video Gaming Revenue (VGR) Policy has been incorporated into the Finance family of policies and is subject to periodic review; and

 

WHEREAS, the current VGR policy stipulates an annual allocation of $125,000 to support 211 information and referral services; and

 

WHEREAS, software costs associated with 211 services have increased; and

 

WHEREAS, the amended VGR policy increases the annual allocation for 211 services to $150,000 and updates other related clauses.

 

NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the attached 3.3.1 Video Gaming Revenue Policy is hereby adopted.

 

DATED at Waukegan, Illinois, on September 9, 2025.