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Antioch reviews FY2027 budget, proposed permit fee overhaul and credit‑card fee options after first retail tax deposit
Summary
Finance staff presented an FY2027 budget and five‑year forecast showing a projected $2.3 million general‑fund surplus; staff reported the first deposit of the new non‑home‑rule municipal retail tax and recommended Planning & Zoning review of a permit fee overhaul that would simplify fees and address credit‑card processing constraints. Trustees favored keeping the vehicle tax for now and asked staff to bake credit‑card costs into permit fees where feasible.
Village finance staff presented the FY2027 budget philosophy, a fund‑balance summary and a five‑year capital improvement plan showing an estimated $2.3 million projected general‑fund surplus for the coming fiscal year. Director of Finance/Administration (Director Peterson) said staff were taking conservative revenue assumptions but flagged longer‑term capital needs and potential loan exposure in the 2030–2033 timeframe.
Staff also reported receipt of the first payment under the new non‑home‑rule municipal retail tax ($25,736 covering January sales), which increased revenue projections for FY2027 and the out‑years. Director Peterson said updated projections could add between $369,000 and $585,000 in the first year depending on the final monthly mix and reminded trustees that marketplace‑related sales (a separate development) are not yet included.
Separately, Director Janick presented a proposed overhaul of building permit and zoning fees intended to simplify collection and increase transparency: eliminate the 1% administrative escrow, move outside consultant review costs to the building‑permit stage and adopt a base fee of 1.55% of project cost as the mechanism for typical projects. Staff said that change would lower many common permit fees (35–50%) but still capture consultant costs.
Trustees debated whether the village should absorb credit‑card processing fees for customer convenience or build those processing costs into the revised permit fee structure. Several trustees expressed operational concerns about turning credit‑card acceptance on for some items and off for others and recommended the fee revision include the processing cost where allowed. The board declined to repeal the vehicle tax at this time, asking staff to bring back final permit fee language to the Planning & Zoning Commission and then to the board.
