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Dupage Policy Journal

Friday, November 22, 2024

Approved 2022-2023 Budget Supports High Level Services, Investments in Infrastructure, without Property Tax Increase

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At a meeting held Monday, April 4, 2022, the Mayor and Board of Trustees approved the Village’s Fiscal Year 2022-2023 Budget which begins May 1, 2022. The budget provides for a high level of municipal services, invests in Village infrastructure and maintains the Village’s stable financial position, all the while calling for no increase in the Village’s property tax levy. The budget includes funding for initiatives outlined in the Village’s newly adopted 2022-2025 Strategic Plan, which will allow for the pursuit of projects aimed at realizing this common vision for the Lisle community.

Total budgeted revenues are $38,699,445, with $43,613,020 in budgeted expenditures. The revenue-expenditure variance will be funded by unrestricted operating fund balances derived from prior year budgets. Over $8 million in funds for capital projects have been included, with approximately half of those funds serving to fund stormwater-related projects such as the Village Center and Main Street stormwater improvements. 

View the Approved Fiscal Year 2022-2023 Budget


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