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Roselle adopts $24.9 million fiscal 2026 budget and approves 2025 property tax levy
Summary
After a public hearing, the Village of Roselle Board adopted a fiscal 2026 budget projecting about $24.7 million in general fund revenues and $24.9 million in expenditures and approved the 2025 property tax levy that funds police, fire, pensions and other local services.
The Village of Roselle on Monday adopted its fiscal year 2026 budget and approved a related tax levy after hearing finance staff explain revenue and capital plans.
Finance Director Tom Dahl told the board the general fund’s total revenues are estimated at about $24,700,000, an increase of roughly $1.3 million from the 2025 projection, and total expenditures are projected at about $24,900,000. “This is an increase of about 1,300,000.0, from the fiscal year 20 25 projected year end,” Dahl said during the presentation. The plan shows expenditures exceeding revenues by about $250,000; the village will use available reserve fund balance instead of raising property taxes and anticipates a reserve level in 2026 of about 43 percent.
Dahl also reviewed enterprise and capital spending: the water and sewer operating fund projects roughly $9.6 million in revenues and $9.8 million in expenses, with a projected shortfall of about $217,000 on a budget basis. He identified major 2026 capital projects including approximately $9.4 million in wastewater plant improvements, $1.5 million in engineering for Devlin plant work pending an IEPA loan, and more than $6 million in collection system (lift station) improvements. Dahl said the budget includes adjustments tied to DuPage Water Commission purchased-water cost increases and modest rate changes.
The board opened and closed a public hearing on the budget with no public comments. After discussion, the board voted to adopt an ordinance approving and adopting the annual budget for the fiscal year ending Dec. 31, 2026; the motion carried on roll call.
Separately, the board opened a public hearing on the village’s 2025 tax levy. Dahl said the village’s 2024 equalized assessed value was about $997,000,000, an increase of about 7.8 percent from 2023, with county-level differences: DuPage up about 9.1 percent and Cook County down about 0.2 percent. He explained that the levy notice reflected a 7 percent increase for truth-in-taxation publication purposes while the levy being proposed represented a 2 percent levy increase. Dahl noted that for every $100 of property tax collected in Roselle, roughly 9.8 cents stays with the village and the rest goes to schools, library, county, park district and community college.
No members of the public spoke during the levy hearing. The board voted to adopt the ordinance authorizing the levy and collection of taxes for general corporate purposes, including fire protection, police protection and municipal pensions, and the motion carried on roll call.
The board ended the public portion of the meeting by directing staff to proceed with the budget and levy as adopted; an executive session on collective bargaining followed for nonpublic discussion.
