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Posted on: February 12, 2021

Proposed Village of Lisle FY 21-22 Budget

ProposedBudget

The proposed Village of Lisle Fiscal Year 2021-2022 Budget is now available for review. At the end of last year, the Village Board reviewed and approved a flat property tax levy for the fourth year in a row (for tax year 2020 payable in 2021). The next step will be to review the proposed budget which encompasses both revenues and expenditures planned to occur over the next fiscal year, which begins on May 1, 2021 and concludes on April 30, 2022. The proposed budget calls for $38,792,588 million in expenditures and projects $36,642,484 in revenues. Revenues and fund balances exceed expenditures, resulting in a balanced budget being proposed. The budget was developed without increases to existing revenue sources or the addition of new revenue sources.

As a financial planning document, the proposed Fiscal Year 2021-2022 Budget accounts for current and future impacts from the COVID-19 pandemic, advances efforts associated with the Village's 2019 - 2021 Strategic Priorities, and continues to provide high quality municipal services in support of the Lisle community. The proposed budget prioritizes expenses, establishes sustainable financing, calls for critical investments in Village infrastructure that allow for growing, maintaining, and financing these systems in a sustainable manner. Importantly, it also furthers efforts supporting the increased productivity and innovation of Village staff.

The public is encouraged to review the document.  The proposed budget was considered during the February 15, 2021 Committee of the Whole meeting with a public hearing on the proposed budget scheduled for March 15, 2021. Please email any comments or questions to sschueler@villageoflisle.org.

Village of Lisle Fiscal Year 2021-2022 Budget
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