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Deerfield treasurer reports midyear gains; pension and debt payments loom
Summary
The Village of Deerfield received stronger-than-expected revenue in the first half of 2025, including higher sales-tax and interest income, officials said; large scheduled expenditures this year include police pension contributions, debt service and transfers to refuse and infrastructure funds.
The Village of Deerfield reported stronger-than-expected revenue through June 2025, Treasurer Eric told the Board of Trustees on July 21, saying year-to-date sales-tax receipts exceed both of the prior two years and interest income is outperforming the budget. The treasurer said the village received hotel-tax payments from five hotels (one paid shortly after month end), the first installment of Lake County property taxes including some tax-increment…
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