Village reviews draft 2025 budget and previews 2024 tax levy with modest decrease
Finance staff presented a draft fiscal 2025 budget showing a proposed net increase of about $141,000 and a 2024 tax-levy estimate of $4,692,000, a reduction of roughly $104,500 (about 2.2%). Trustees will review the draft and consider adoption next month.
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Village finance staff presented the draft fiscal 2025 budget and a preliminary 2024 tax-levy estimate at the Oct. 28 Barrington Hills meeting. The levy estimate of $4,692,000 represents a reduction of about $104,500 from last year, staff said.
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