Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget 2022 topic
No spam. Unsubscribe anytime.
Village adopts 2022 general fund budget and sets 2021 tax levy
Summary
By voice vote the Village of Belgium board adopted Resolution 27-21 to accept the recommended 2022 general fund budget and established the 2021 tax levy; the board also approved TID/capital project, debt service, special revenue (ARPA) and water budgets.
The Village of Belgium board approved Resolution 27-21 adopting the 2022 general fund budget and establishing the 2021 tax levy. Committee member (S9) moved to accept the resolution and the board approved it by voice vote.
Why it matters: Adopting the general fund budget and tax levy sets the village’s revenue plan for 2022 and funds municipal services. Trustees also approved separate budgets required for distinct funds (TID/capital projects, debt service and special revenue/ARPA) and the proposed 2022 water budget as recommended by the Public Utilities Committee.
Details: Vicky (S6) explained the purpose of separate funds: the TID/capital project fund holds money for planned capital work, the debt-service fund segregates general-obligation payments, and the ARPA special revenue fund is kept separate so federal pandemic funds do not affect expenditure restraint. Trustees moved to approve the TID/capital, debt-service and special revenue budgets and then approved the water budget by voice votes.
Board action: Motions to adopt the general fund budget and levy and the related fund budgets were made, seconded and approved by voice vote; the transcript records 'Aye' responses but does not show a roll-call tally.
What’s next: The budgets will guide municipal spending in 2022; staff will proceed with capital planning and grant applications tied to approved projects.
