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Deerfield opens public hearing on 2026 budget; operating budget set at about $39.3 million, $12.36 million two-year CIP
Summary
Village staff presented the proposed 2026 annual budget at a public hearing Nov. 3, citing a roughly $39.3 million operating component (a 4.36% increase), a two-year $12.36 million capital improvement program funded by multiple sources and an anticipated bond, and proposed rate and fee adjustments including a 5% water and sewer increase.
The Village of Deerfield opened a public hearing on the proposed 2026 annual budget on Nov. 3. Eric (village staff) presented highlights, described the operating and capital totals and explained the next steps for ordinance consideration and the property tax levy.
Eric told trustees the operating component totals approximately $39,300,000, a 4.36% increase from the 2025 operating component, primarily driven by contractual increases in personnel and contracted services. The two-year capital improvement program totals $12,360,000 and is funded from the infrastructure replacement fund, home-rule sales tax, infrastructure impact fees, food-and-beverage tax, motor fuel tax and an upcoming bond issue.
The village said there is a net $7,000 decrease after last-minute police adjustments reflected in the materials. The proposed 2026 budget is partially funded by the 2025 property tax levy; Eric said the village levy is estimated to increase by $643,983, of which $468,400 is attributable to anticipated new bonds for the capital program. Using a $500,000 market value home as an example, the village noted the owner would pay approximately $953 in village property tax under the proposed levy — about a $66 increase compared with the prior year.
Staff also previewed a draft fee resolution to be on the Nov. 17 agenda. The fee highlights included an approximate 5% increase in water and sewer rates and a refuse user rate increase from $8.92 to $11.32 per month tied to a new waste-hauler contract. The village said it will hold a separate public hearing on the tax levy at the Nov. 17 board meeting and will bring the budget ordinance back for consideration at that meeting.
The public hearing produced no substantive public testimony on the budget at the Nov. 3 meeting. The board closed the hearing and directed that the ordinance consideration and tax levy public hearing be scheduled at the Nov. 17 meeting.
