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Dupage Policy Journal

Sunday, November 17, 2024

Analysis: Village of Lombard proposes $84M budget for 2019

Budget007

The new budget proposed by Village of Lombard calls for $83,911,310 in expenditures in fiscal year 2019, which is 13.4 percent less than what this year’s estimated budget provides.

Officials have until Dec. 31 to approve a budget.

The village proposes spending $6,523,810 on municipal worker pensions, which is 7.7 percent of the total budget. The pension amount reflects taxpayer contributions to current police and fire employees, as well as other municipal employees.

A total of $14,591,400, or 17 percent of total village expenditures, would go to police protection, while fire services represent 15.4 percent of the 2019 budget, or $12,904,490. Contributions to the Illinois Municipal Retirement fund total $1,536,140, or 1.8 percent.

The budget proposal mentioned no tax or fee changes.

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