Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Oswego board to include $600,000 grocery-tax rebate and 2% levy cut in draft 2026 budget
Summary
After budget-cleanup adjustments, board members reached consensus to include a $600,000 transfer to the water and sewer fund to provide grocery-tax rebates on residents' water bills, approved a $10,000 increase to the senior center contribution and kept a 2% levy-rate decrease in the draft 2026 budget for formal vote Nov. 18.
Oswego officials told residents they will present a revised 2026 budget on Nov. 18 that includes a $600,000 transfer from the general fund to the water and sewer fund to create a grocery-tax rebate line on water bills, a $10,000 increase in the village's annual senior-center contribution and an assumed 2% property-tax levy-rate decrease.
Andrea, a village staff member who reviewed follow-up items from the Oct. 25 budget workshop, said recent line-item corrections — including removing a duplicated 5% allocation for a Main Street water-main project and a $100,000 correction to police-dispatch costs — increased the projected general-fund surplus from $1,053,193 to $1,131,118. "The budget that comes…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat