General Fund Budget Summary
budget
1 page
Meeting: portal event 953 (no meeting page on file)
Agenda item: Recap of 2024-2025 Tentative Budget
Budget document, 1 page. Attached to agenda item: “Recap of 2024-2025 Tentative Budget”
Retrieved 2026-04-15 from the village's meeting portal.
View the original PDF ↗
Also attached to this agenda item:
Changes to Tentative Budget FY 24-25
Extracted text
ADOPTED
2021-2022
2022-2023
2023-2024
2024-2025
2024-2025
TOTAL APPROPRIATIONS
$18,868,054
$19,222,047
$20,765,240
$22,182,668
LESS
NON-TAX REVENUES
$4,889,522
$6,159,054
$7,168,795
$8,254,186
APPROPRIATED FUND BALANCE
$1,629,000
$400,000
$725,000
$675,000
APPROPRIATED RETIREMENT RESERVE
SUPPLEMENTAL TAX BILLS
$8,534
$7,173
$37,441
$4,310
SUB-TOTAL
$6,527,056
$6,566,227
$7,931,236
$8,933,496
BALANCE OF APPROPRIATION
AMOUNT TO BE RAISED BY TAXES
$12,340,998
$12,655,820
$12,834,004
$13,249,172
PLUS
ALLOWANCE FOR UNCOLLECTED TAX
$0
$0
$0
$0
TOTAL TAX LEVY
$12,340,998
$12,655,820
$12,834,004
$13,249,172
T A X R A T E P E R 1000
$271.956
$278.435
$278.435
$286.225
CURRENT TAX RATE
264.731
271.956
278.435
278.435
INCREASE (DECREASE) IN DOLLARS
$7.225
$6.479
$0.000
$7.790
PERCENTAGE INCREASE/ - DECREASE
2.73%
2.38%
0.00%
2.80%
ASSESSED VALUATION
$43,987,585
$44,072,228
$44,504,568
$44,603,165
SPECIAL FRANCHISES
$1,391,120
$1,381,214
$1,588,794
$1,686,259
TOTAL TAXABLE VALUATION
$45,378,705
$45,453,442
$46,093,362
$46,289,424
2024-2025
GENERAL FUND TAX INFORMATION
PROPOSED BUDGET SUMMARY
A-1
Machine-extracted for search and reference — the original PDF is the authoritative version.