Village of Westchester March 2022 Newsletter

Page 1

Village of

Westchester MARCH, 2022

PUBLIC WORKS

3

POLICE DEPARTMENT

4

SCOUTS

6

FIRE DEPARTMENT

9

LIBRARY

11

SCHOOL DISTRICT

14

SPOTLIGHT ON SENIORS

17

From the desk of Acting Village President Nick Steker Financial Update Through the third quarter of the Village’s Fiscal Year 2022, January 2022, the Village’s General Fund has expenditures over revenues of $453 thousand. Expenditures more than revenues at this time of the fiscal year is normal for the Village because half of the fiscal year’s real estate taxes have not been collected yet. The bulk of the first installment of the taxes will be recorded in February and March 2022. Key economic-driven revenues such as income taxes and sales taxes are coming in strong and are over the budgeted pace for the year. This is a good sign as the economy rebounds to pre-pandemic levels. With 75% of the fiscal year elapsed, expenditures are running at 71% of the budgeted amount. This is also a positive as Village administration and management are making efforts monitor expenditures and be diligent with Village resources. Early projections have the General Fund showing a surplus for the third straight year. The Village’s other major fund, the Utility Fund, is also recording a surplus through January. Continued on Page 24


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