Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Willow Springs accepts 2022 audit, pays down debt and abates property tax levy for GO bonds
Summary
The village board accepted the FY2022 audit showing a $1.1 million operating surplus and approved an ordinance abating the property tax levy for general-obligation bonds after paying off debt, freeing roughly $1.3 million for village priorities, officials said.
The Willow Springs Village Board on Jan. 9 accepted an independent FY2022 audit and approved an ordinance to abate the property‑tax levy for general‑obligation (GO) bonds after the village paid off its outstanding debt.
Treasurer Dennis summarized the audit findings, saying the auditor "states that the financial statements present fairly the…
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
