During a recent government meeting in Shorewood, officials engaged in a robust discussion regarding the upcoming budget and potential strategies to address a projected $700,000 deficit for 2025. The conversation centered around various options for increasing revenue, with a particular focus on property tax levies and user charges.

One trustee expressed a preference for a property tax levy increase of 4% to 8%, emphasizing the need to explore all options to minimize the impact on taxpayers. They acknowledged that while a 6% increase would be substantial, it could significantly help offset the deficit. The trustee also indicated support for a wheel tax and a streetlight replacement charge, while remaining skeptical about a parking utility fund and the recycling refuse user charge.

Another trustee echoed the sentiment that any tax increase should be a last resort, advocating for a comprehensive review of all funding options before committing to a levy increase. They highlighted the importance of maintaining a single tax bill rather than introducing multiple fees, which could complicate financial planning for residents.

Conversely, a different trustee advocated for an 8% increase in the property tax levy, arguing that it is essential for maintaining the quality of services in the village. They expressed concern that delaying necessary funding could lead to more significant issues in the future, potentially jeopardizing the financial stability of the community.

The discussion also touched on the need for a long-term policy regarding capital asset purchases, with several trustees agreeing that some purchases may need to be delayed as part of a broader financial strategy. The idea of increasing housing development in Shorewood was also mentioned as a means to boost the tax base and support local schools.

Overall, the meeting underscored the challenges facing Shorewood's budget and the need for careful consideration of revenue-generating measures to ensure the village can continue to provide essential services while managing its financial obligations.