Approved Village Budget for 2011
December 10, 2010 | 04:02 PM Posted by the
Village
Manager
The following summarizes the 2011 Village Budget as
approved by the Village Board on December 7. From the
outset, the Village was facing a difficult budget
year with extraordinary downward pressures affecting
the United States economy. With this in mind, the
Budget has been drafted to show the impacts of
greatly reduced interest income, increased refuse
disposal costs, and compliance with the State
Expenditure Restraint Program and levy limits. The
goal for the 2011 Budget is to use the minimum amount
of fund balance necessary to maintain the existing
services our residents expect.
The Budget achieves a 1.37% tax levy increase while using a minimal amount of fund balance. Since the year 2002, the Village’s tax levy has increased on average less than 2%.
Click here to download the Approved Budget for 2011 (pdf)
The Budget achieves a 1.37% tax levy increase while using a minimal amount of fund balance. Since the year 2002, the Village’s tax levy has increased on average less than 2%.
Click here to download the Approved Budget for 2011 (pdf)