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Lake Bluff finance committee recommends draft FY27–28 budget after CIP, water and stormwater briefings
Summary
The Village of Lake Bluff Finance Committee voted to recommend the draft FY27–28 budget to the full board after staff presented the capital improvement plan, water‑fund projections including a proposed 5% rate increase for FY27–28, and a plan to pursue bonding and federal funds for stormwater projects.
The Village of Lake Bluff Finance Committee voted to recommend the draft fiscal 2027–28 budget to the full board following staff presentations on the capital improvement plan (CIP), the water fund and the stormwater utility.
Chair Renner opened the discussion and Bettina, a village staff member, walked the committee through the 15‑year CIP summary showing cumulative spending across sanitary, stormwater, transportation and water funds and a multi‑year average of roughly $3.4 million. "This chart displays the totals of dollars that we've spent and what's projected and budgeted in the various…
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