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Fox River Grove board recommends FY 2022/23 budget with adjusted SSA funding plan
Summary
At its March 9, 2022 meeting the Fox River Grove Village Board reviewed the proposed FY 2022/23 budget, approved staff-recommended adjustments to Special Service Area (SSA) funding allocation, and agreed to planned water/sewer rate adjustments to support a water-main replacement program; the board reached consensus to recommend the budget to proceed.
The Village of Fox River Grove board on March 9 reviewed the proposed FY 2022/23 budget and reached a consensus recommendation to approve the plan with adjusted funding choices for several Special Service Areas (SSAs).
Administrator Soderholm presented a Multi-Year Financial Forecast and the proposed 2022/2023 budget, highlighting recent revenue and expense balances and thanking staff for preparing the plan: "Administrator Soderholm thanked Staff for all their combined efforts in preparing the 2022/2023 Budget." He told the board the organization has realized roughly $777,000 in annual operational cost savings and about $4.5 million in cumulative savings since 2013.
Soderholm outlined proposed increases and reductions for the coming fiscal year, along with planned equipment purchases and capital projects. He presented three SSA funding options that differed by which capital expenses and staff labor transfers were included. Trustee Steve Knar said he supported Option 1 for the Talon SSA and Option 2 for the Gardner Terrace, Picnic Grove and Hunters Farm SSAs; the board adopted that direction by general consensus.
The board also discussed future water and sewer rate adjustments tied to the village's water-main replacement program. Administrator Soderholm reviewed estimated rate changes; specific rate figures were not specified in the transcript. Trustee Steve Knar summarized the trade-off, saying "while he dislikes increasing anything at this time, he also understands the need to ensure the program funding is on target to meet the replacement timeframe," and members agreed that postponing the program could lead to more expensive, reactive repairs.
Board members concurred with proposed adjustments to employee pay tables and agreed to recommend the FY 2022/23 budget as presented, with the SSA funding modifications discussed during the meeting. The record does not show a formal adoption vote on the budget that night; the transcript indicates a consensus recommendation from the board.
The meeting concluded at 9:24 p.m. after Trustee Steve Knar moved to adjourn and Trustee Andrew Migdal seconded. Roll call votes from Trustees Curtiss, Knar, Migdal, Schladt and Sepeczi were recorded as "yes," and the motion to adjourn passed. Trustee Patrick Wall was absent.
