Monday, May 20, 2013
The Lake County Forest Preserve District's overall budget for 2013-14 decreased $12.4 million over the last fiscal year.
Monday, May 20
To keep more than 30,000 acres of forest preserves in Lake County safe, clean and open for people to enjoy, the Lake County Forest Preserve District Board of Commissioners adopted a reduced fiscal year 2013-2014 budget of $101.5 million at its May 14 meeting. For the fifth consecutive year, total forest preserve property tax revenues collected are projected to decrease substantially due to declines in Lake County’s equalized assessed value (EAV), and because of the district's conservative budgeting practices and wise use of available fiscal resources. The overall budget decreased $12.4 million (11 percent) from the previous year, primarily due to an $11.4 million (21.5 percent) decrease in the capital budget. Of property taxes collected in…
Thursday, April 18, 2013
Residents' water/sewer, garbage/recycling and aquatic center rates are not increasing.
Thursday, April 18
At the April 16 Grayslake Village Board meeting, the board approved the fiscal fear (FY) 2013/14 operating and capital budgets. The new fiscal year will begin on May 1, 2013. For FY 13/14, the village’s property tax levy did not increase from last year and water/sewer, garbage/ recycling, and aquatic center rates are held at current rates. “This budget continues to hold down operating spending. Lower operating spending means the village can hold the line on what it charges to its residents and businesses in the coming twelve months,” said Mayor Rhett Taylor. Operating Budget Total operating expense is $16,150,175 and total operating revenue is estimated to be $16,596,843. The operating budget has the following highlights: “This budget is …
Monday, April 23, 2012
The Village of Grayslake remains in a very stable financial condition with zero debt.
The Grayslake Village Board maintained its solid position with another balanced budget for Fiscal Year 2012/2013. They voted to approved the budget during their last meeting April 17 for operating and capital budgets. The new fiscal year begins May 1, 2012. Total operating expenses for the new fiscal year are up just 1.25 percent from last year. “The FY 12/13 Village budget continues cost containment measures used for a number of years," said Mayor Rhett Taylor in a statement. "Despite the national economic situation, the Village remains in a stable financial condition. Our lower spending limits the need for the Village to increase taxes and fees on residents and businesses." Highlights from the Operating Budget include:
Thursday, September 22, 2011
Grayslake District 46 approved its 2011-12 budget, despite concerns from residents and board members who demand the district make more cuts to avoid increasing the tax levy.
Grayslake District 46 approved its 2011-12 budget 4-1 Wednesday night, a $1 million increase from last year. Business manager Todd Covault said the total budget is $48.5 million. Among the expenditures include $33.7 million for education, $4.04 million for operations and maintenance and $5.6 million for debt service. Covault said the biggest unknown is the transportation fund and what the state will pay this year. In his projections, the fund includes what the state owes from last year and is supposed to pay this year. He said the state has paid all that is owed from 2011 with exception of $90,137. “We’re heading on the right track,” he said. “If the state pays what they owe, we’re in great shape.” Asked by board member Michael Carbone if …
Thursday, April 7, 2011
The Grayslake Village Board approved its 2011/2012 budget, approved raising fees at the local Metra station and more at its April 5 meeting.
2011/2012 Fiscal Year Budget Shows Less Spending than 2010/2011 Fiscal Year The Grayslake Village Board approved a 2011/2012 capital and operating budget for the Village that will be 7.6 percent less than last fiscal year’s at $23,107,573, according to the Village. Grayslake Mayor Rhett Taylor said the Village has managed to keep service costs below the rate of inflation and has been able to maintain its levels of service while reducing spending. “The board is very proud the budget is balanced,” Taylor said. Budget highlights include maintaining levels of service through a 40 percent reduction in full-time, non-police staffing cuts, reduced employee benefits and elimination of new equipment purchases and reduced capital spending, according…
Friday, February 18, 2011
Time closing in on school board to take action on proposed reductions.
“Don’t mess with our band programs.” That summed up statements by several residents during the recent Woodland Special Board meeting. The majority of the 26 people who spoke praised the current band program, performances and instructors. Four possible band reduction proposals were presented. The board has now pulled band from the discussion. “We love the band program. My son has gained more the past year through the program at Woodland than he did the last seven years at a private school. I absolutely do not want to see any changes made,” said parent Neller Hamlin of Gurnee. Last week’s meeting was the last public forum before action will be taken by the board on proposed budget reductions. Of the 70 to 80 people on hand about 75 percent…