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Minooka Village Board approves budget

Published: Wednesday, April 23, 2014 9:21 p.m. CDT

MINOOKA – Proposed revenues in the village of Minooka are set to increase in fiscal year 2015.

That increase will be by nearly $200,000 over the last fiscal year, according to John Harrington, Minooka Finance Director.

“The difference in the revenues and expenditures will be funded by transfers or carry-over monies, such as bond proceeds, and capital funds from the current fiscal year,” Village Administrator Dan Duffy told the board at Tuesday night’s Village Board meeting.

In the general fund, the major operating fund of the village, the expenditures are $5,402400, a 7.8 percent increase from last year’s budget, and the expected revenues are $5,475,400, a 7.3 percent increase from the last budget.

“The village has an excess revenue over expenses before transfers of $73,000 for fiscal 2015,” Duffy said.

Capital projects budgeted to be continued into the next fiscal year include the Village Hall renovation, Minooka Road bridge construction, Grainger Way signage and the GIS Mapping system.

New projects include Arbor Lakes pond aerators, the 2014 motor fuel tax program, Wildey Road tar and chip roadwork, North Wabena Avenue sidewalk replacement, McEvilly Road drainage ditch work and a watermain replacement at Minooka Road and Shady Oaks Drive.

Out of the fiscal 2015 budget, the village will replace two police squad cars and a Ford 450 truck.

“I feel that this is a sound fiscal plan for the village for the next fiscal year,” Harrington wrote in a memo to the board.

The board unanimously approved the budget.

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