Village Board Examines Budget, Revises Liquor License Rules
Here are some items discussed at the Oct. 4 regular village board meeting.
On Oct. 4, the Village Board reviewed the budget for the fiscal year ending April 2010. The village generated $17.8 million in total revenue, including taxes, licensing, fines and grants. The village's total spending was $18.5 million—a $721, 641 deficit. Net assets declined by $2 million from the prior fiscal year. Mayor Joe Broda presented the finance department with a certificate of achievement for excellence in financial reporting from the Government Finance Officers Association, which recognizes government bodies that demonstrate full disclosure. This is the village's seventh year receiving the award. "It's getting busier and busier and we do our best every year to get this award. We're very proud of it," said finance director Kim …
