Latest / Kendall County News - Shaw Local / Montgomery sets date for budget hearing

Transcript

Montgomery sets date for budget hearing · Kendall County News - Shaw Local

• 0:05
  Speaker 1: Montgomery sets date for budget hearing. Written by Judy Harvey.
• 0:13
  Speaker 1: This article is being read by an automated voice brought
• 0:17
  Speaker 1: to you by Everlett. A public hearing on the annual
• 0:22
  Speaker 1: Village of Montgomery budget for the fiscal year beginning May
• 0:25
  Speaker 1: one and ending April thirtieth, twenty twenty seven, has been scheduled.
• 0:31
  Speaker 1: The hearing will be held at seven pm on March
• 0:33
  Speaker 1: twenty third at Village Hall two hundred Ter River Saint.
• 0:38
  Speaker 1: The village projects taking in seven dollars and eight million
• 0:41
  Speaker 1: dollars in sales tax, which represents its largest revenue stream
• 0:45
  Speaker 1: at forty seven percent. The village said since twenty twenty one,
• 0:50
  Speaker 1: the village's sales tax revenue has increased by two point
• 0:53
  Speaker 1: three million dollars or forty four percent, and this increase
• 0:57
  Speaker 1: was due to positive economic development the last five years,
• 1:01
  Speaker 1: according to Finance Director Chris Minnick, The village board on
• 1:06
  Speaker 1: March twenty third will review and discuss the capital and
• 1:09
  Speaker 1: special revenue funds, as well as the water fund for
• 1:11
  Speaker 1: fiscal year twenty twenty seven. The fiscal year twenty twenty
• 1:16
  Speaker 1: seven budget includes infrastructure improvements, police vehicle replacements, an additional
• 1:21
  Speaker 1: police Pfeser water main replacements, and the maintenance of many
• 1:26
  Speaker 1: resident programs such as free kurb side leaf collection, concerts
• 1:29
  Speaker 1: in the park, and other community events. The village said
• 1:34
  Speaker 1: the village Board will be presented with the draft budget
• 1:37
  Speaker 1: for final review and adoption on April thirteenth. The village
• 1:40
  Speaker 1: said a copy of the proposed budget is available for
• 1:44
  Speaker 1: review online at montgomeryal dot org, or a hard copy
• 1:48
  Speaker 1: is available at Village Hall during regular business hours eight
• 1:51
  Speaker 1: am to four thirty pm Monday through Friday. In addition,
• 1:57
  Speaker 1: any person desiring to appear at the public hearing in
• 1:59
  Speaker 1: prison to the village Board may contact Deputy Village Clerk
• 2:02
  Speaker 1: Cindy Pantoja at three three one two one two nine
• 2:05
  Speaker 1: hundred three. For more information, visit montgomeryal dot org or
• 2:11
  Speaker 1: the village's social media pages.