The Mt. Morris Village Board unanimously approved a final draft of the village’s 2020-2021 budget at its May 12 meeting.
Phil Labash, who serves as Finance Trustee, thanked the board for staying within budget during the past year due to his anticipation that excess would be limited for this year.
“As a result of that, and as a result of some revenue increases, we actually had money in the budget this year to accomplish quite a few projects,” Labash said. “The project list you brought to me, we were able to fund fully.”
$245,000 is budgeted for street projects this year. $19,100 is budgeted for buildings and grounds and a $28,000 request for a new squad car has been approved. $71,500 in park projects have been approved. The total for projects in the new budget is $433,100.
The total 2020-2021 budget is just over $5.1 million, with $1.8 million for the general fund. An appropriation hearing date was set for June 9 at 7:15 p.m.
“Approving the budget today, that is not a legal authority to spend,” Labash said. “That comes from our appropriation hearing. This becomes our guardrails and guide for spending for 2020-2021.”