budget

Next Flossmoor budget closes gap with help from projected sales tax revenue

Buoyed by an anticipated half-million dollars in additional tax revenue, the fiscal year 2018-2019 budget for the Village of Flossmoor was passed unanimously by the board of trustees April 16.
 

Homewood to hold public hearing on village budget

The Homewood board of trustees will hold a public hearing at 7:30 p.m. Tuesday, April 10, to allow residents to comment on the village's 2018-19 budget.

Finance Director Dennis Bubenik will present information about the $39.5 million budget. Because the village is on a two-year budget cycle, the 2018-19 budget mostly involves fine-tuning the current plan, he said.

Park district budget shows future improvements

New carts for Coyote Run Golf Course, work to make the Irons Oaks Environmental Learning Center accessible to people with disabilities and roof repairs at the H-F Ice Arena are included in the 2018-19 budget proposed by directors at the Homewood-Flossmoor Park District.

Homewood trustees to consider budget amendments, business incentive request

Three measures that were deferred at the previous meeting will be taken up at the Homewood board of trustees meeting at 7:30 p.m. Tuesday in village hall.

The board will consider a business incentive fund request from Vivek Pinto for financial assistance with the cost of installing a fire alarm system at 18673-18681 Dixie Highway. The request for $6,410 would cover half the cost of the system.

H-F High will have its 13th balanced budget

Homewood-Flossmoor High School will have a balanced 2018 budget. It is the 13th consecutive year the district has been in the black.
 
Business manager Ken Parchem said the $53.76 million budget shows a 1.7 percent increase in revenues over the 2017 budget. 

“Overall revenues are fairly flat. We show a $600,000 overall increase. Expenditures are up 3.8 percent,” he said. 
 

H-F area lawmakers say bipartisan effort ended state budget crisis

One veteran Illinois lawmaker called this week’s state budget approval “historic.”
 
Another state representative said the atmosphere in the state capitol was like “a pressure cooker” on Thursday, when the Illinois House overturned Gov. Bruce Rauner’s veto of the budget and the income tax hike that makes it possible.
 

Improvements included in park district’s budget

The Homewood-Flossmoor Park District commissioners approved a $14.73 million budget that includes several big-ticket items.
 
The district will collect $13 million in revenues. To balance the budget, the district is relying on reserves. 
 
The budget shows $983,705 in capital, $1.6 million in principal and interest payments and $641,075 in depreciation expenses. 
 

Flossmoor board approves $24.7 million budget, water rate increase

Water-related expenditures in Flossmoor were at the forefront of multiple actions by the village board Monday, and play a notable role in the new municipal budget.
 
The budget, approved unanimously by trustees, includes spending $1.2 million for the replacement of residential water meters in the village. That expense is seen as essential if Flossmoor is to accurately measure how much water is used by residents.
 

Metra to hold public hearing in Homewood on proposed $1.06 billion 2017 budget, fare hike

Metra will hold a public hearing from 4 to 7 p.m. Wednesday, Nov. 2, in Homewood Village Hall, 2020 Chestnut Road, to provide information and hear comments and questions from the community on its proposed 2017 budget. Anyone who cannot attend can find information at metrarail.com. Comments can be sent to [email protected].

H-F Park District makes effort to keep programs, services despite revenue drop

Lower property assessments and a freeze on state money have Homewood-Flossmoor Park District board members making some tough decisions on how to best allocate dollars for the coming year.

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