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Fox River Grove board backs FY 2025/26 budget, discusses 3.4% water-sewer rate increase
Summary
Village officials reviewed the proposed FY 2025/26 budget and multi-year forecast, highlighted $852,217 in annual operational savings and $7.1 million cumulative since 2013, agreed to recommend the budget, and discussed a 3.4% water/sewer rate increase (about $2.83 per household per month).
Fox River Grove’s Village Board reviewed the proposed fiscal year 2025/26 budget and multi-year financial forecast at a special meeting on March 12, where staff said operational savings and modest rate changes will shape the plan.
Administrator Soderholm presented the forecast and the draft budget, outlining projected year-end results for FY 2024/25 and proposed increases, cuts, equipment purchases and capital projects for the coming year. Soderholm told the Board the organization has achieved about $852,217 in annual operational cost savings and roughly $7.1 million in cumulative savings since 2013, and presented the savings as context for the budget decisions.
Soderholm said a 3.4% increase in water and sewer rates is needed to meet target fund balances over the forecast period; he estimated the change would equal about $2.83 per month for a typical household. Trustees asked staff to analyze alternative rate structures that would keep the monthly base charge flat while shifting revenue toward higher usage rates, with the objective of maintaining total revenue without increasing the base fee.
The Board also reviewed new equipment purchases and capital projects included in the draft budget and considered specific park improvements. By general consensus, trustees agreed to replace the poles at the Picnic Grove Park volleyball court at an estimated cost of $5,000 to improve reinforcement and functionality.
Trustees additionally reviewed and concurred with proposed adjustments to the employee pay tables included in the FY 2025/26 draft. The Board’s general consensus was to recommend approval of the budget as presented; the record does not show a formal vote to adopt the budget at this meeting.
The meeting concluded at 8:53 p.m. after Trustee Devin Hester moved to adjourn and Trustee Steve Knar seconded. A roll-call vote recorded commissioners Jennifer Curtiss, Devin Hester, Steve Knar, Andrew Migdal, Melissa Schladt and Kirsten Wall as "yes," and the motion to adjourn passed.
