by Lynn Meredith
Elburn—A public hearing was held on Monday at Village Hall for appropriating monies for the 2011-12 fiscal year. The final vote will take place at a special board meeting on Monday, April 25, at 7 p.m.
The proposed budget shows income exceeding expenses. The total beginning balance is $4,672,540 with a total village income of $4,492,451 and expenses of $4, 452,644. That projects the total ending balance to be $4,712,347.
“This is the fourth time through the budget. We’re looking at a budget that’s on time. We’ve stuck to our schedule, and there’s a surplus to it. Good work,” Trustee Jeff Walter said.
Village President Dave Anderson said that the board decided two years ago to get the village what it needed and also stay within the budget. He said the budgeting process has become much more sophisticated.
“We’re like a stamp: we have to stick with what we’re doing until we get where we’re going. Over the past two years, we’ve set a trend, a modus operandi, for down the road. We’ve made tremendous strides,” Anderson said. “I can’t give enough credit to … all the folks within the village (staff).”