Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Wallace board adopts 2024–25 budget, increases restricted-fund authority and approves tax levy
Summary
The Wallace Village Board unanimously adopted the 2024–25 budget, approved a 1% increase in restricted-fund authority and set the tax levy after brief public hearings held Sept. 9, 2024.
The Wallace Village Board unanimously adopted its 2024–25 budget on Sept. 9, approving a package of resolutions that also increased restricted-fund authority and set the tax levy.
At a public hearing opened at 7:08 p.m., the board heard on-budget discussion and closed the hearing at 7:21 p.m. Trustee Anna Griffiths moved to approve Resolution 25-01 to "increase total restricted funds authority by an additional 1% over 2023–2024 restricted funds," a motion seconded by Christina Daniels and approved on a 5–0 vote. The board then approved Resolution 25-02, formally adopting the 2024–25 Village budget, on a 5–0 vote.
After a separate brief public hearing on the tax levy that began at 7:23 p.m. and closed at 7:24 p.m., the board voted 5–0 to adopt Resolution 25-03 setting the levy for 2024–25. Minutes record the motions and the unanimous tallies but do not list individual roll-call votes.
Board members framed the votes as routine budgetary actions necessary to fund village operations in the coming year. The meeting record notes the budget/financial report was placed on file and claims were approved as listed.
The board adjourned at 8:39 p.m.; its next meeting was scheduled for Oct. 8, 2024.
