Committee: Use utility tax for village operations
by Martha Quetsch
ELBURNâ€”In the past, Elburn has dipped into the money residents pay in utility taxes to help keep the village operating. Now, village officials say those taxes should be permanently designated for that purpose.
On Monday, Committee of the Whole members recommended that utility taxes from residential gas and electric bills be revenue for the general operating fund, which pays for village salaries and operations.
â€œI think the operating fund is the right place for this,â€ Village President Dave Anderson said.
In the past, the utility taxes collected by the village have not had a designated purpose, other than to reimburse seniors for part of their taxes.
â€œThe fund has just been building a bit,â€ Anderson said.
Village officials periodically have transferred money from the utility tax fund into the operating fund to keep the budget vital. If the Village Board agrees, the $346,000 fund balance will be transferred to the general fund to help combat the village’s revenue crunch.
â€œLet’s move forward and make it a permanent move in the next budget,â€ committee member and village trustee Jeff Walter said.