Romeoville Bugle 4-26-12

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Our Village, Our News

APRIL 26, 2012

Vol. 6 No. 41

In the Green Village passes budget, brings good news By Laura Katauskas Staff Reporter

The village will be operating with a status quo budget that maintains current staffing and service levels, with no new fees or taxes for the year. The village approved a total budget of $91.4 million for fiscal 2012-2013, a 6 percent decrease, or a $5.5 million decrease, from the current budget. The village’s operating expenditures increased by 3 percent, with the largest portion covering salaries and benefits at $28.2 million; $18.7 million in contractual expenses and $16.7 million in capital outlay. Mayor John Noak said the tax levy would remain the same as last year. In addition, the village’s portion of the property tax bill dropped by 1 percent, bringing the village’s total to 14 percent of a resident’s bill. On average, a homeowner will see a decrease of $4 on the village portion of the tax bill. Numbers will vary based on the assessment of your home.

“The staff has worked very hard

to come to this budget and as good as it all sounds, we will still remain guarded and on watch,” John Noak, mayor For the second year, village residents will see a $20 rebate given in their October water bill. “The staff has worked very hard to come to this budget and as good as it all sounds, we will still remain guarded and on watch,” said Noak. “We had no layoffs and were able to provide some property tax relief—that was all done because a lot of people came together to make this happen.” Village Manager Steve Gulden noted that the village is ahead of its five-year financial plan drafted during tougher economic times. “We have not used a dime of our fund balance,” said Gulden.


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