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Westmont adopts $120 million 2026 budget, approves property levies and appoints bond counsel
Summary
The Westmont Village Board on Nov. 20 adopted a $120,050,278 fiscal 2026 budget, set proposed property tax levies for the village and Special Service Area 2, and appointed special counsel for a potential 2026 bond issuance to fund a south-end fire station and infrastructure improvements.
The Westmont Village Board on Nov. 20 adopted a $120,050,278 budget for fiscal year 2026 and approved proposed property tax levies that the village says will likely translate to about a $30 annual increase for a typical resident.
Finance Director Altik told the board the budget emphasizes capital projects, including preliminary planning for a new south-end fire station with early cost estimates between $24 million and $27 million, sidewalk and stormwater work, and continued support for community events. The budget also reflects a proposed reduction in the telecommunications tax from 6% to 5% for 2026.
Altik presented the proposed aggregate levy figures: a village levy of $11,299,022 and a Special Service Area (SSA) 2 levy of $118,140. He…
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